In another one week or so, Steemit may commence its last reverse trend. I expect the trend to continue on a slow bullish turn till sometime in January or February.
If this trend occurs, those who didn't buy Steem during its lows should do well to analyse another coin or manage whatever little they could amass.
The trend may break the $3 mark but, it is unclear to me if it will progress much further or drop back down. If it drops back, its retraction point for the next bullish trend may fall lower than the $1 mark which served its base for the year 2018. However, if it breaks the $5 mark, it may exhibit a whole new trend on its next phase. This means it will choose a new retraction point and bull-bear trend.