STEEM is a bit low, but what is the market saying about money flow today?
Dear Steemian Friends,
Today, September 1, 2026, the STEEM market is looking a little weak. Currently, the STEEM/USDT price is around $0.04310, which is down about 1.15% in the last 24 hours.
However, there is nothing to be disappointed about just seeing the price drop. A deeper look at today's Money Flow and Order Book data gives a clearer picture of the market.
Image Screenshot by Binance
Last 24 hours flow
As per image data
- 🟢 Large order: -51,888.20 STEEM
- 🔴 Medium order: -252,003.40 STEEM
- 🔴 Small order: -726,703 STEEM
- 📊 Total flow: approx. -1.03M STEEM
That is, the selling pressure was higher than the buying pressure in the last 24 hours. Especially the selling pressure through small orders is quite clear.
More importantly, the total flow of large orders in the last 5 days is about -1.88M STEEM, which indicates some activity by sellers recently.
But there is a positive side to the Order Book
The current Order Book shows:
Buy: 56.12%
Sell: 43.88%
That is, the buyers' share of the order book is slightly ahead. This could be a promising thing in the short term.
On the other hand, the MA60 on the chart is around $0.04317, and the current price is $0.04310—meaning that STEEM is now slightly below the MA60. So this $0.04317 area could be important going forward.
Image Screenshot by Binance
I think the current STEEM
I would describe the current situation as “weak price, but buyers’ interest is not completely gone.”
If STEEM can make a strong comeback above the $0.04317–$0.04320 area, the situation could be somewhat positive in the short term. On the other hand, $0.04276—today’s 24-hour low—is an important low area.
So the most important thing now is to watch the money flow and where the buy/sell pressure is going.
Although the current price of STEEM is slightly lower, our faith and love for the Steem ecosystem has not diminished.
Upvoted! Thank you for supporting witness @jswit.