![](https://cdn.steemitimages.com/DQmZqT9GFQWo6w9cp6pZQMdFBnRETveZCHecKaYNF4LpLob/image.png)

Macro trend has large holders of Steem still on suicide watch.  I don't see any support here except the declining trend line. The 30m chart below illustrates that fact. 

![](https://cdn.steemitimages.com/DQmV4YdShjjrsKwDWtmqi2Vc16xpjPpYHunhuhxb1M3zJdP/image.png)

If we touch $1 again it will be interesting to see if anyone buys it there or if the whales decide to abandon ship. 

![](https://cdn.steemitimages.com/DQmYWndn3WwuTxXkRApZX96iYHiVBtrbPSeUX5GoQouVmzT/image.png)

The Bitcoin flagship is also forming a bearish wedge.