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Very uncertain market conditions at the moment, and you might just as well be right. But eventually it will turn. And then the next question is how much will price increase? Personally I believe the speculations around regulations must be resolved before risk is on again and people will buy.
Now the cryptos move up and down as a group since regulations is the big issue. I am looking forward to when this is resolved and there will be more diversity in the price moves of the different crypto currencies. Then I believe that steem might have a big advantage, it is the only one that has real asset content value:)

Yes, before it goes back up like it did before, the FUD needs to be cleaned out.
Which is what February is for. Getting things straightened out.

Hopefully things settle around $7,000 for the month.

That is a good projection.