Top 10 Cryptos
At the moment of writing top 10 assets were bearish, with all of them in red .
After an encouraging beginning of the week, Bitcoin retraced below $7,000 and took the entire market with it.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.79 on Coinmarketcap, down from yesterday.
On Bittrex, the 30 minutes chart shows a correction from 27.5k satoshis to 26.5 satoshis, on sideways trading.
The 1 hour chart shows the same gentle downwards correcting trend:
The 1 day chart shows shows the first real bearish candle, after more than 10 days of gains (from 22k to 26.5k satoshis)
SBD was trading, at the moment of writing, at $1.86 on average, down from yesterday.
The 30 minutes chart on Bittrex shows a steeper downwards trend than on STEEM:
The 1 hour chart shows the same steeper downwards trend
The 1 day chart shows a longer red candle than on STEEM
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 1.036 STEEM, down from yesterday.
Overall opinion: Market corrected on the same bearish trend of the last few months, although with less velocity. SBD is going down more than STEEM, which makes the alignment with the peg possible again in a matter of weeks / months. But both assets depreciated less in BTC, showing resilience.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me 
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