I think there's more chance STEEM will go lower in the short-term - at least until SMTs launch. Even if we bounce to $1.25 or $1.50, I think it'll continue its downward trend until something happens on the platform.

If SBD is pegged at $1, then it'd be higher than STEEM, so they'll be on parity again soon(ish) when STEEM rises again (or am I missing something about SBD peg/values?).