I love seeing this and it is a good thing, for all involved, when Steem goes up. But, the price of all crypto currencies are extremely vulitile. Steem, for some reason, seems to increase on the weekends. Maybe because people have funds to invest if they are using income they receive weekly? Nonetheless, Steem was over $1.40 last weekend and had a bit of a correction at the beginning of this week. I love Steemit, fully believe in the platform and plan on investing more into it because of the potential I see in it. That said, let's not get too ahead of ourselves here.
When looking at charts of cryptos, the rise is awesome to watch and if you are investing short term, it's a great time to take some profits. If you are investing in Steemit for the long haul though, you should really be looking for when the correction comes and where the support lines are. Support lines are pretty much where a coin or stock tends to bottom out during a correction. So when everyone that is short term investing sells and takes their profit, where does the price go down to and level off or begin it next upward swing? That's the support lines you are looking for, which can be more important than the price is peaks at for long term investors.
This is all just some advice from a random guy on the internet though. As with anything, if you plan on investing money it's should be money you can afford to lose and you should always do your own research and not rely on the "experts" you see or hear from. Goodluck to all my fellow crypto investors and/or fellow Steemians!