Earlier this year we had our altcoin cycle, now we are back in a BTC cycle.
The gains mainly just dispersed into the major alts to some degree, the spill into the smaller cap alts usually comes some time after with a full on Alt season.
I will be waiting for a confirmation on the decrease of the BTC dominance chart before going back to trading alts.
I expect Steem to pump again once we have that alt season.