Steem in comparison to this day last year is still at a 1.73$ higher rate. And having been in the crypto world for two years now (1 year active), corrections have been quite common, and help in averaging out bubbles such as what bitcoin built around itself. I would love to see bitcoin go up to around $12000, but steadily, not overnight, like it did when it pumped up to $20000. It is better for markets in the long run and also helps avoid crashes like the one we are seeing now.