As long as the devs continue selling the @steemit's power down coin, it will probably still be in the down trend.
In this post and especially the comments the situation is explained much better:
https://steemit.com/steemit/@magnebit/steem-price-is-being-pushed-down-by-1-person-speculation-on-why-and-where-it-may-end-up

Good idea would be to monitor the powerdown by @steemit, and as soon as it stops the rally will likely happen. That is my opinion.