Hi everyone, if you noticed, some days ago, the price of steem hit a very high level. I saw it at 6$, Some people said it hit up to 9 dollars per SBD. I was super excited, because I knew what this means for newbies like me. But guess what, within 24 hours, the price came crashing down again. It has crashed through 2 dollars, falling down to as low as 1.5 dollars. This is not looking good, honestly.
But I'm optimistic. We'll rise again.

Still, I've been curious.

Can anyone explain what's going on?