Even though BTC still at 8K, Steem at 1.84. Why? Because it is Your own explanation months back ago:
Market Cap: $313,684,779,539
24h Vol: $11,237,363,483
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Even though BTC still at 8K, Steem at 1.84. Why? Because it is Your own explanation months back ago:
Market Cap: $313,684,779,539
24h Vol: $11,237,363,483
BTC Dominance up by more than 3%
Your Theory is correct. Money flows from lowest voltage ⚡ to higher one.