Remember it's only holding because the rest of the market is holding. Steem has followed every other crypto down 50-70% the last months. And if the market, especially Bitcoin continues to plummit so will Steem. So be prepared for prices down towards $1,00 as Bitcoin MIGHT fall towards 4500 in worst case scenario.
IMO this is only a short term scenario. Fair valuation of Steem right now should be around $6-8 per Steem. It has fallen too much. But markets go through irrational stages.