If Tether doesn't explode anytime soon I think they'll continue to inject enough into the crypto ecosystem to appease enough people to convince them to stay, the allure of fast gains outweighs reason for many, I think steem and sbd will continue a slow descent from their highs in tandem with other coins that have been recently pumped. In this scenario they eventually return to their natural price levels, maybe at a slight premium to pre-pump levels. The multi-hundred million dollar pump attempt got us off the recent lows, let's see how much longer the market can be convinced to stay at the table.

If Tether implodes under its own weight or the US comes at it or Bitfinex hard then all bets are off and we could see steem in the pennies.