Steemit used to sell a lot of STEEM to finance its operations. It appears that JS is not financing operations by selling STEEM, so the selling pressure has eased. On the other hand, on Hive, witnesses sell HIVE to finance their operations & development. With the temporary conversion of STEEM->HIVE behind us, we could see a continued decline in the price of HIVE. As for the price of STEEM, it is likely to increase unless the witnesses in Steem and Steemit start financing their operations again by selling STEEM.