I am more of fundamental trader. Recently, I started STEEM/SBD trading due to its low risk and quite obvious profit. However, last couple of hours took me by surprise. SBD is taking hit against STEEM, Its nice to see a TA (double bottom pattern) and cyclic nature of SBD. That means the trend can be easily reversed.

The fundamental benefit for high SBD price-- the higher SBD price, the higher one gets reward in terms of USD (or STEEM). Another advantage was universal acceptance of SBD by bid bots. However, these days most bid-bots accept STEEM. Moreover, SBD is not enlisted Binance and Huobi like Upbit.com.

Around 10 hours back I saw a whale or few whales bought more than 12K SBD at 1.278 and 1.286. If those whales have tricks and enough power (i.e. money), SBD will be pumped back soon, two finger crossed!

One of recent blog on SBD's fundamental: https://steemit.com/steem/@riseofth/curious-case-of-steem-dollar-it-is-now-lagging-steem-compared-to-its-recent-history

Another interesting event, both SBD and STEEM is disabled for more than 6 months at HitBTC. In last week SBD is pumped to insane 0.0045 BTC or $36 (very low volume) at HitBTC: https://steemit.com/sbd/@fundurian/sbd-super-pump-in-hitbtc-hitbtc-sbd