I have faith in Steem, in the long term. When the big players finally get the go-ahead to dig into crypto, the uptrend will come.
Clearly Steem itself can help by improving growth incentives, also.
In the short term, all cryptos suffer the slings and arrows of the outrageous market manipulation inflicted on Bitcoin.
Manipulation can go up as well as down, though the bearish trend doesn't augur well for the two month mark. :(