Steem will regain steam soon. Just wait until a certain few whales finish powering down and selling out. Steemit keeps getting more and more popular and doubling it's number of users every year (and even faster now). Within a couple of months Steem will start the climb to the top again.
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Yes, I do believe you are right. But it feels like crunching time right now. And these certain whales luckily don't have unlimited amounts of Steem.
lol I am glad you caught that reference
I like the whales selling out as it dilutes out their influence gradually and decentralizes the distribution of SP. That said who knows what the distribution of SP looks like.?