A correction would be very normal/healthy for most coins, but you never know.
Between the price manipulation from Bitfinex/Tether and the upcoming CFTC regulated Bitcoin Futures exchange I suspect we're in for a (potentially very) rocky few months. Big money will now have the ability to short BTC.
The question to me is whether Tether will be able to print enough money (as they have been) to support existing prices, or if the market will finally realize what they've been doing.
Steem has performed worse than most of the other coins, so hopefully Steem will rise a bit more in December. We'll see...
It seems like the inflows into Steem have all gone directly into SBDs and have caused the bizarre price discrepancies that we've seen.