STEEM almost hit 50,000 satoshis. Some whales are patiently waiting for a good price to sell their STEEM. As STEEM's value goes up, it looks very juicy to the whales to sell some of their STEEM that they have bought when it was very low.
I hit my sell order at 47,000 satoshis and sold all my STEEM coins. Now waiting for a dip to buy back again. I'm not buying again unless STEEM goes down to 30,000 to 35,000 satoshis.
So if some whales sell their steem, WATCH OUT FOR THE DIP.
If you do some research, you will see which whales are powering down or holding a lot of steem in their wallet, or if you see a huge transfer out of their wallet to BITTREX / Crypto Marketplace, it will help you forecast possible dip. Whales also talk with each other, they will increase the value of STEEM together in hopes of creating a bull run, and they will sell when the price is right. They work together.
Find the sweet spot of STEEM, and work within it, never buy STEEM when it is above the sweet spot. (The average price).
Good Luck Y'all