It seems to me that we're moving into a bull market and it is a good thing. If the bear market went on too much longer it could have actually been the death of Steem and many other projects. Steem needs to get back to $1 at least, quickly.
Ethereum is another blockchain that needs the bull market. All these projects benefited from development during 2018, but no blockchain has really reached a level that guarantees its place in the future, not even the King yet.
I subscribe to the thought that we're going to have two more bull markets before mass adoption is officially here. The next bull market, this one, is going to be the one where all the institutions FOMO in and legal matters get hammered out and things will go back to bearish trends. After that, the institutions will build hype to get the global retail market to buy at inflated prices, then we'll run into another bear market with most of the buyers feeling ripped. Finally, stability, unless the US dollar hyperinflates, then we'd have a third bull market and stabilization after a depression.
That's what I think on that...