Ultimately, we'll just have to wait and see.

That's indeed what it comes down to. I'm itching to buy more Steem but I can't say I'm that confident it will do much better compared to Bitcoin or some other altcoins in the longer run. The biggest selling point as a Steem user is that it has been by far the most useful and enjoyable holding regardless of the price :-)

The entire crypto market feels like watching a soap opera with a lot of plot twists knowing it has a high probability to have an overall good ending.