I think we're currently just in the midst of a panic sell down by investors. Stock market is starting to slow and hit resistance and so money is being pulled out of everywhere as everyone prepares for an economic correction and/or regulatory crackdown.
Given that none of that is certain...all the trends for STEEM point to great long-term potential - growing adoption, accelerating web traffic and search hits, quality platform. May not make our money tomorrow but it's a great long-term play imho.