Monday power downs are always big because the main steemit account powers down on Monday, and that account does not sell steem. Tuesday is the day when most steem will get sold, being 1 week from the hard fork. As those users power down every week their account balance gets lower, so eventually they will run out of steem power, and the price of steem can start rising, holding steem power for at least 3 months from now before selling is the best way to flow.
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Yeah, the price will likely drop hardest during the first week and then start mellowing out after that. Personally, I just like to pay my basic monthly expenses with it so that I don't have to draw a salary from Fort Galt. It looks much better to my investors when I can save the project money and not have to take any out for myself. :) Besides that, I don't have much motive to sell steem and I intend to keep at least 50,000 SP long term.
Fort Galt is such a great project, I see myself hanging out there "someday"
Ah, makes sense. Thanks for explaining it brother! Been watching you on youtube since before you started your blog here on Steemit.