Now, there is a huge buge buy wall under 0.32. Let's see what happens. We have to understand that steem price drop is impossible unless buy wall is removed or blown down by traders (particullary, by whales). Normal traders see this situation and probably will sell at least one part of their SDB, creating the conditions for a STEEM/SDB rise.
By the orher hand, order book is not so dense: teorically, there is the space for a +30-40% STEEM/SBD price rise to 0.5.
So, seems that the great rally of SDB against Steem is slowing down or reversing.
Anyway, we have to remember that all the game is in the whales's hands. If they sell, wall crashes and price drops. If they buy, price rises.
This is a very interesting situation to monitor. Maybe it is time to convert at least one part of SBD for STEEM! And you? How much liquidity do you have in steem, and how much in SDB? What are your predictions on price? Have a nice day guys!
