Bitcoin Forum

You all know that after a huge price fall most of the crypto currencies have now come to their previous support levels. ETH has reached its previous November resistant level ( Now it is a support level ). The Support is at around $400 level and the level is a pretty strong one. But for BTC it needs to go further more down to reach its support level ( previous resistant) usually can be found around $5000. So my question is even ETH has come to its one of a good support level, can it go more down if BTC falls near that $5000 value ?

I think that the etherium does not depend on bitcoin. Even if bitcoin costs 5,000, the etherium will have the opportunity to grow in price further. The price of a particular currency depends more on demand.

In the last time I watched both prices and the most times Ethereum followed Bitcoin in the Fiat pairs.. But maybe we will see Ethereum growing alone one day. I think 2018 could be a great year for Ethereum and maybe Ethereum will to grow alone!

For the most part, ALL alts move along with BTC price proportionately.  Some may vary depending on unique circumstance of the coin in a given point in time.

Just look at coinmarketcap.com and check the weekly graphs. ;)

The usual cause of deviation is when BTC rise too fast that the effect becomes inverse and most alts will decrease, just because people sell alts (even cheaply) in attempt to get more BTC.

in USD value maybe yes,, wich mean the price of Ethereum is depends the price of Bitcoin in USD
but, as long i know, when the Bitcoin price going down, most of traders will move their investments to altcoin and eth become the best one from many choices,
regards

I dont think thats the case anymore.
We have seen ethereum and bitcoin moving separate ways
in fact ethereum is more volatile today https://www.coingecko.com/en/coins/ethereum

ethereum can sometimes depend on the price of Bitcoin but the end of this Ethereum do its own movement is down quickly. but I think that eth will still have a good future.

Ethereum and Bitcoin both are different platform but Price fluctuation is depends on demand and supply so traders are buy both Bitcoin and Ethereum some issues are occur in the crypto platform traders are sell the both Bitcoin and Ethereum in same way. It is the process of price fluctuation I think you should not aware in price fluctuation of cryptocurrency.

Now, when the market is in a bad situation, ETH depends on the BTC. But there was a time when ETH was a completely independent coin and the courses of these two coins sometimes moved in different directions. I think, eventually, the price of ETH will go up, at a time when the BTC will stand in place.

Not only ETH but also all coins' movements depend on BTC, even if they can sometimes pump or dump contrary to btc's movement, still btc's movement has effect on this dump or pump positively or negatively.

it is still I doubt if eth will stand alone, I think eth will forever follow the price of btc, you try to see from year to year development eth, so far there has been no sign of eth will stand alone

Yes, if the market falls, then all cryptocurrencies fall, as you can see. Unlike the stock market, where stock movements are directed in different directions.

I would like very much that the ethereum grow independent. But probably it will be impossible and always ethereum will be depend about bitcoin. Bitcoin is first coin and rules everyone, that's the rule

I have seen both cases.
In the bull season ETH was always following BTC.
But while btc was stable eth rised a lot (that was because of the ICOs based on erc 20)
So we cannot be sure, NEO stratis can slow down the independent rises of eth in the future

Yea it depends.
I feel like everything depends on BTC. Since it's the largest coin with a crazy 24h volume.
People use BTC to buy ETH. Like 80% of them actually. Also coinmarketcap has a big value on this.

Not only ETH, each and every coin's price depends one the Bitcoin's state and time as of now. This may or may not change in the future. Atleast for some years it won't change. If BTC falls considerably low now then you will see immediate free fall of Ethereum also. This has happened many times in the past also.

In my opinion, the ETH rate depends mainly on market sentiment and speculative demand

Ethereum has tried to be independent of the price of BTC, but for now I thin all the Altcoins market depend on BTC, just imagine of the price of BTC happens to be $20k the price of Ethereum would be around $1000. I don't think $400 price range is a bad support for ETHEREUM because I feel we are close to its bottom

There are only few coins which holds their positions well in the bitcoin dips even they fail to hold that position consistently on those dips.

So Not only ETH almost every altcoin depends on bitcoin price actions as most of the coins are pegged to btc. We may see some different situations in future when we will have USD/USDT pairs for most of the altcoins.

This is what most of the traders are doing now. Just because Bitcoin's price is falling down, traders thought that altcoins will fall down also. Altcoins' prices are independent and shouldn't be based on Bitcoin's price.

Nearly all cryptos out there depend on their "mother" Bitcoin.

But when ETH breaks free from BTC moves it is mostly start of the new altcoin season.

When we hear any news opposite to the bitcoin, alts and ICO. First many new traders converting those cryptos for fiat cash or cheap altcoins. If they do it, they will be price manipulation through all the cryptocurrencies.

If we all crypters think well about the price fluctuation and avoid the panic sell means you will not find the price bump at all. So understand bitcoin and alts are volatile in nature.

Bitcoin  is the dominant coins so there is no way it will not affect other altcoins. Bitcoin has great influence on ethereum and others majors cryptocurrencies and I think it will take a very long time before there can break this dominant. I have been following cryptocurrency pricing and about 99% of them do fell when bitcoin is falling and rise when it is rising.

I think it does not just ethereum is falling because of the prices of bitcoin,  and I see all of the coins are falling depends on the bitcoin

Bitcoin is mother of all Alt Coins so I believe its depend on this also even many coins using this and ether is going more stable but still if bitcoin going green we have some good impact on this also and if its going in red this also have same impact on this so without bitcoin no coin can do good even its ether we would like very much that the ether grow independent. But probably it will be impossible and always ether will be depend to mother bitcoin

We can think of the following way: Ethereum is one of the few that resists a brutal downfall of Bitcoin but unfortunately with regard to price is not indenpendent against Bitcoin. In short, not only Ethereum but all currencies depend on the steps of Bitcoin and depend on the great investors of Bitcoin.

ethereum as all other cryptos mostly follows bitcoin's movements. bitcoint is still too important compared to all the other altcoins  (it's rapresent the 50% of the marketcap) so if it falls all other alts will probabily follow him and when it pumps the alts usually dump because people change their alts in btc to not loose in btc ratio.

I think have a little effect for ethereum and other altcoins value if bitcoin price dump in the market, but not totally. Depending in bitcoin their value its depend on the the volume demands investing in the ethereum become the price uprise in the marketcap.

I think yes, but not entirely dependent on bitcoin prices. if I describe with numbers, maybe about 20% - 30% depending on the price of bitcoin. this is more to market behavior, when there is an issue of bitcoin, it is likely the market will respond by buying or selling the bitcoin.
when traders sell bitcoin, the proceeds from the bitcoin, they are likely to switch to altcoin (most prefer ethereum I think). or when a trader buys a bitcoin, to buy the bitcoin, they probably sell altcoin first.

to this day if I notice the ethereum always follow what experienced by bitcoin. I know that is a strong coin ethereum, but may still need the help of the bitcoin for the price adjustment. do not cover the possibility of later ethereum could be without following the value of bitcoin.

Yes. Ethereum price would rise or fall based on Bitcoins price, not only Ethereum all the altcoins price follow Bitcoin price. Some may get reflected Bitcoin price bit late but everything depends on it either a blood path or a bullish path.

Crypto currency market is totally based on Bitcoins price I think.

I was watching CMC graphs of top20 currencys during january's BTC correction closely. Most of the currencies had "index of following BTC price" about 0.9. For sure ETH had the best perfomance with it's 0.6-0.7. And i expect it to become even more stable to BTC price fluctuations with it's utility as a payment method for most of coming ICO's. Because ICO market is growing fast and we should expect many exciting improvements from ETH team this year as well. But of course while BTC has about half of crypto market capitalization every Altcoin will follow it.

There is a small dependence, it's like bitcoin rose and the ether says it, and that I can not do it. Of course, basically the growth depends on demand and liquidity and these are the main indicators and not the price of bitcoin.

Well, base on my own observation i can say that ethereum movement or value changes is affected by bitcoin value because the popularity of bitcoin makes it the target to acquire of most trader around the world particularly the day trader, they hold ethereum to trade for bitcoin and therefore if the value of bitcoin rise then they will sell there ethereum for bitcoin and more selling will make it dump and thus affect its value.

So far i know yes its depending bitcoin movement but in fiat comparison because etherium normally pair with bitcoin in term of fiat comparison.
But in real value its not always depending on bitcoin price. Mostly yes but not always.

That only just follows the bitcoin on the USD price. ethereum has different sentiment and demand than bitcoin. It should not be following bitcoin but in fact, the trend was making it looks so similar.

This is crypto when everything pegged to the trend.

Currently almost all altcoin are dependent on the price of the BTC, if the BTC increase they increase and the discount BTC will decrease accordingly. I think in the future BTC will no longer affect the market anymore. ETH will be the strongest coin.

I have observed many times now that the price of Altcoins specially ETH were in dip every time that BTC will go on dip. Maybe ETH will always depend on BTC because most of the local exchange around the globe are using BTC platform as the only recognized and accepted coin for every fiat conversion that is why most of the altcoins and ETH are Bitcoin dependent. If local exchange will just accept different kind of Altcoins in every fiat conversion then i believe that Altcoins and ETH will start to make a different path of movement because they don't need to trade to BTC anymore for fiat.

yes and no.

like any other useless altcoin, Ethereum is also pumped and dumped so it means that ETH will also only move based on pumps and dumps of its own and in this regard it won't be affected by bitcoin price movements.
but at the same time it is just another altcoin on the altcoin market and although some newbies may think it is something special and also the advertisement in the media may tell you so but in reality it is just another pump and dump altcoin among thousands of others. since the main purpose of these coins is to give profit on bitcoin investment, so their prices will be affected by bitcoin price movements.

Yes clear and definite. Because the basic benchmark ETH price is on Bitcoin (BTC) is not even just ETH almost all altcoin is based on the Bitcoin price. If bitcoin is at an ETH low price it will also be so, otherwise VC at other high ETH and Altcoin prices will be high. Bitcoin is very influential with price stability in the cryptocurrency market.

A little bit imo especially in the early times of ethereum but now eth became big and pegged in usd.

It is very much so these days also.

ETH has its own price mark but for the current crypto market collapsing maybe the price value of ETH has been drag down for the current situation. But I don't think ETH has been relying on bitcoins price since if you look closely on it you may define that some of the coins right now are also depends on ETH.

Let see how things will go with it since it so sketchy to tell on wheter it rely or not.

We can never say tht it ws a strong support enough to holdand resist the bitcoins massive dumping when it continues to fall down and for me it can be broken anytime so it would be great to have a stop loss than if you have eth now. Eth cannot stand with a massive dump and it rely on the bitcoin market dominance.

Not only ETH ,But every coin depend on Btc as it's the Brand name for the whole field .although,Btc has to stabilize in price first Before other coins start to recover.

In this first part of 2018 virtually all currencies are following the bearish bitcoin trend, while last year it was not so. I remember that bitcoin started at about $ 1000 in 2017 and it took us quite a few months, up to the summer, to rise sharply and get over $ 2000, while on almost all the other coins we saw significant increases in about 3-4 months. , from February to June.

For example, in these months, Eth went from $ 10 to $ 300, $ 15 to $ 200 Dash, $ 0.10 to $ 1 Neo, and so on.

Now it's all more related to bitcoins, and this really sucks!

Not only eth but all altcoins depend on bitcoin. The whole market depends on how bitcoins behave. The currencies form pairs that directly affect their increase or decrease.

Nice sight on that one mate,but its indeed when the price grow many users think that this is the pumo for bitcoin again.thats why they selling all altcoins to purchase bitcoin but sad to say.most of the fails as bitcoin after has dropped again,the grow then drop,same scenario weekly as you can see

i think yes
eth not strong yet to deffend from this bad market
when btc down eth will down too , look like all coin/market follow btc trend

these two coins are in a great relationship with one another, so they are mobilized and affect one another.

By looking at the trend not only the ETH but all the cryptos are showing a positive correlation with the Bitcoin. If Bitcoin is moving downward the sooner or later others are also declining with their value by some more or less. So, we can say that there is a deep correlation in the crypto market with the Bitcoin and can be gauged as an Index of the market.

From BTC depends not only  ETH but and all the cryptocurrency as a whole. Otherwise, the price of altcoin will not decrease with the price of BTC

Well If Bitcoin fell from 20 to 6.5k in some period of time we can't expect that Ethereum holds his max price of 1430$ at the same time. So in that way, yes, but the whole market went down as investors pulled out their money out from every coin. So if we look it like this then no. Ethereum will be more independent when his development gets into a serious phase and we can see a more useful coin that actually works in the real world.

I say yes it is and i believed that it really started during the huge price fall or during that ultimate dip in which i think that the investors are now are in trauma to panic in which i have observed the market will become red after Bitcoin is starting to red again so maybe most of the holders are just over protective of their Ethereum in which I'm afraid not only Ethereum but most of the Altcoins too.

i think it may not be correct to say the price of ETH depends on BTC all the time, i know that the price of btc always dominates altcoins so it can control entire markets everytimes it moves, but not all the time, there will be the time when investors stop pumping BTC and change into ETH instead to dump btc in order to correct the price back to normal, so sometimes ETH movements can effect the BTC price.

Since Bitcoin is the flagship of this market, any surge affects other crypto currencies as well. Ethereum relies on each other relatively because they are in the same market after all, although they are rival.

I think the bitcoin have impact to the whole market and every coin, including ETH. Now there are more different ways to get bitcoin than ETH. Someone might buy ETH using BTC. BTC value falls the ETH might fall too because they are connected.

I think yes. All altcoin conditioning depends on the price of bitcoin. ETH too. If btc is up then ETH will be up. and vice versa :D

It all depends of the marketcap. If it dump everything dump.

Alright majority of them. Said bitcoin was controlling anything related to the result of the dollar price for all of the cryptocurrency right now. It looks like they are all going straight with bitcoin.
But it looks like some parties are doing the same thing at the same time. Some people are thinking that doesn't make sense to see correlation between everycrypto.

Well nearly all altcoins move with bitcoin in this nightmare-ish markets. Its more about showing market hope. People cannot believe other altcoins unless bitcoin reach meaningful price. Ethereum is no different. It depends on btc..

I don't think so and if there is any doubt then that will be cleared within a year as Ethereum is growing big at a fast pace and there is nothing getting in its way. All the tokens being developed on its platform are giving it enough value that it will decouple from Bitcoin and have its own price movements.

not only ETH but everything.
if Bitcoin price goes up significantly,everything should be dumped heavily because people will exhaust their money to build the support and breaking the resistence.
and if it goes down significantly,everything will be dumped too because people afraid it will lose its value.
in other words,we can not deny it.
it was an everything for altcoin,because we are valuing altcoin using Bitcoin.

The entire crypto market is based on the price of bitcoin, if the price of bitcoin goes down, the entire market will follow the downward slide and it is hard to predict how long these uncertain market situation continues, so my advice is to invest in the coins in moderation, if not if there is a sudden negative news there is a chance it will go down further.

If you look at the last run up with BTC, ETH lagged behind a week or so. You can overlap the two on a chart and see it.

I do think in general, most crypto's will follow BTC as that is the defacto standard crypto.

Eth is completely depeneded on btc nt only eth every coin in the coin market cap is depending on bitcoin if the price  flucatates  then we can see all alt coins fall thereafter

Not at all. BTC price also can affect to ETH price but it's not the only thing can affect to ETH price of something like that of ETH. You should know that cryptocurrency news also has great effect on cryptocurrency and ETH is not an exception. Beside I think ETH has it own blockchain and I don't think ETH movements will depend on BTC ;D

Of course, everything depends on bitcoin, he is the father of all the crypto currency. I think sooner or later the cue ball will return to the shadows, and then the air will come first. this will happen in 5 years.

Atleast as of now ETH price is directly or indirectly dependent on Bitcoin's price. This might change in the future when more number of ETH based exchanges are introduced. Fiat to ETH and alt to ETH Paris.

Yes every coin is depends on bitcoin. Bitcoin is like crypto index and a lot of coins are pumped with bitcoin. When poeople see that bitcoin is going down they sell their alts into btc and alts dump.

I am always trading, and i can confirm this.

Ethereum depends on Bitcoin, and almost all the other altcoins depend on ethereum, but when there is a dump, most altcoins grow up in terms of btc value.

I also noticed this trend, as soon as Bitcoin begins to fall, the entire market immediately begins to fall, so it should not be.

There is some truth in the fact that the ethereum price depends a bit on bitcoin

Ethereum can increase own price without bitcoin, this coin has big potencial with own technology so we can see bigger price even when btc will not bigger

I think the ETH rate more or less depends on the exchange rate of BTC. As the exchange rate of the BTC decreased, the exchange rate of ETH and altcoins decreased. But ETH rates are not entirely dependent on BTC, there are many situations where BTC rates increase, and ETH falls and vice versa because people's investment needs only focus on one crypto at the time.

I think the main reason is not the dependence of Ethereum on Bitcoin, but the fears of investors and traders, with the redness of the market. And they run to withdraw funds to Fiat. In addition, the news that causes the fall affects not only Bitcoin.

The recent increase of the ethereum value is giving a real evidence if ethereum movement is no 100% depends to the bitcoin. It's only following the trend and bitcoin too. But look at the market and how ethereum gets another jump while bitcoin it's not. So you can try to take a conclusion about that.

It is true that Ether price is implicitly directory proportional to bitcoins price that is why when bitcoins turn green Ether and other alternative currencies also turn green and vise versa.

If we based on what happen for the last few months. We can conclude that the price of ethereum depend on bitcoin. Because everytime bitcoin drops the value of ethereum drop too.

no, in my opinion ethereum price movement has no relations with btc,
because eth have its own fundamentally

Yes I agree at first I dont want to believe that ethereum is dependent on bitcoin so I actually invest more on etherium rather than bitcoin because bitcoin on 1st quarter of 2018 is so pricey , and then boom right now I am also at lost because of series of dumps on bitcoin that happen last quarter , I just hope that in the future eth will not depend on btc anymore.

in fiat, all the value of altcoin depends on the bitcoin. the ups and downs of the market rely on what's always crypto movement bitcoin. even the ethereum who already has a great platform to do the same. I doubt that altcoin would be able to stand on its own without the bitcoin.

They are relatively independent individuals, not who depends on whom? They all have their strengths. I believe in Eth.

Cost of all cryptos depends from BTC. Everything will go to the abyss if BTC returns to 1000 usd. It will bounce but it will be a total disaster on a market.

I think eth movement is independent it's just that BTC has a big impact in all cryptos that's why recently when BTC is down other cryptos is affected.

not always, it depends on the news from the eth itself, we can note a few days ago when MT Gox news, the effect of BTC that caused not too much effect on the ETH

Agreed at some point. For example when there was news about hard forks in ethereum, it's price went down and it had to do nothinf with bitcoin but generally, if you see, when bitcoin rises, ethereum and other altcoins follow it. Ethereum's price depends on bitcoin but it has it's own sides which can sometimes make price a little independent from bitcoin's movement and one of them is news, yes, because it's the most popular altcoin.

It is not only ETH that depends on bitcoin but the whole digital market relies on this currency or in other words, there are few big whales who manipulate crypto market according to their wish. Most of the coins grow when bitcoin grows but few show opposite behavior too and those do not come among the favorite ones. Bitcoin has laid the foundation of this industry. It makes sense if other depends on BTC

ethereum could have a chance to grow on its own. Although currently the ethereum serin seen following the bitcoin, however, I think it won't be forever. It is certainly because the ethereum has its own capital to grow. and just wait for the time to ethereum stands on its own.

In a way, Ethereum developers and companies depend on the Bitcoin network for its stability and security. Ethereum prioritizes flexibility and functionality to provide a more efficient ecosystem for developers, while Bitcoin operates as a better store of value.

For instance, Blockchain startups that often engage in ICOs normally hedge their funds raised in Ether to Bitcoin for increased stability. Since Bitcoin has a substantially lower volatility rate, startups prefer to maintain their funds in Bitcoin via cold storage or hardware wallets such as Trezor.

it can be.
eth is going around 0.11btc.

movement in all altcoins depend on btc. because of most of markets make trade with btc

Pretty much all coins/tokens depend on BTC movements. ETH is also affected by BTC movements, but I would say far less so than most other coins.

not really, ETH is falling too due to the news and BTC. I think BTC has impact to every coin. But sometimes when BTC falls severely, but ETH just falls slightly. That’s why we shall buy both of two.

In the present condition of the market ETH price completely depend on the Bitcoin price because Bitcoin is the major currency to all other blockchain out there. Already we are seeing many times till now whenever Bitcoin price decreases automatically the price of ETH price decreases.

Ethereum can grow without bitcoin but the problem I seen was most investors of eth or altcoins will jump or sell their coins when the market goes correction and buy BTC.

Based on research on market indicators (looked at the graphs), one can observe that ETH is mostly dependent on BTC.
But ETH is a hope that in the near future he will become independent. (but that does not mean that the price will go up). Eth- as a means of payment.

wrong! the sole reason why eth price affected by BTC is we are buying eth thru BTC and arbitrage if BTC price drops the eth/usdt/fiat pair is higher to abuse some profit they will sell eth to BTC until both pair eth/btc and eth/usdt/fiat prices equalized. it so fast perhaps because of bots. it also affect btc/eth price if eth/USDT/fiat goes up people will buy eth/BTC pair to gain profit until both pairs equalized

I think that over the past few months it has become clear that bitcoin still has too much influence on the behavior of all other cryptocurrencies, so regardless of the supposed technical advantages that an altcoin as ethereum can have with respect to bitcoin, everything seems to indicate that its behavior will be strongly linked to the behavior of bitcoin for a long time, so if it continues its current behavior, ethereum could stay below $500 for long.

It does, but more or less it depends on ETH's back round work as well. Like its projects, marketcap and investment on it. Not only ETH depends on the growth of bitcoin but other altcoins as well. Ether value is growing due to its small contracts and yes the team is focusing on expanding its small projects. Hope to have a growth in value down the line and ETH is expected to have its anytime hike this year. Though the first half has been bit sad, the second half should be yielding profits to the investors. The value should be growing by now.

... Bitcoin affect all the price of altcoin and as of today ETH also has a big huge effect on others since it's growth is also becoming more and more factor for the market growth as well.

Good observation. I think yes, ETH movements depends on the bitcoin. If bitcoin again fall down to 5000 USD then ETH will go under 350 USD. This year is totally unpredictable, but we realize again in these previous months that, the crypto market depends on bitcoin movements. If bitcoin rise then total crypto market rises!

In my own opinion, I will say somehow yes, because the price increase normally starts with bitcoin, any time bitcoin moons, other altcoins will follow and if bitcoin dips, other altcoins dips too. but if other altcoin dips, or moon, market will still remain the same, that's show the power of bitcoin.  

It's that we called price fluctuations. Our market is hard to speculate due to its volatility and it fluctuates everytime. Bitcoin still leading the market race and mostly prices may depending on bitcoin trend. But it sad to see also that some coins can't follow with the uprising trend of bitcoin.

They have little depends to the bitcoin price. If the price of the bitcoin increase you will see some effect to ethereum and they increase too but they have situatuion difference other price increase and the one decrease. Not always are same they have sometimes differencet o earch other.

actually that happens recently but now i dont think so, because bitcoin is on hype now but eth is still dumping so i therefore conclude eth movements is not depending on BTC. when investors focus only on bitcoin theres a possiblity that eth will dump its because they only buy bitcoin. just like the other altcoin theyre still dumping even bitcoin is pumping. but for sure after this bitcoin bull run  this altcoins in the market will surely follow .

Depending on the time, if the ETH depends on the BTC is no longer ETH, but when the investment community think positive about the market, all of the increase is not ETH and BTC alone, so there is no. What to say here. ETH is ETH and BTC is not the leader of ETH.

btc is king...eth also Will follow btc price November but not always like that..it depend on how eth can fulfill holder expectation...

The existence of both Bitcoin and ethereum pairs with usd, AND the BTC/ETH ratio pair, create an incredibly easy arbitrage opportunity. It's because the ratio doesn't automatically change when one or both USD price changes, so sometimes they don't line up. Let's say that the ratio is .1, and a bunch of people buy just eth with usd, driving the usd price up. The actual USD price of eth divided by the USD price of btc changes, but the price on the ratio pairing doesn't change until people trade on it.

What this ends up meaning is that there are always opportunities to profit off of the inefficiency between both USD prices and the ratio. There are a lot of bots set up to do exactly this. So in order for one piece to rise or fall faster than the other, the trading volume on that coin has to be high enough beat the volume of the bots holding the price together.

The price of Etherum will be greatly influenced by the Bitcoin movement. Initially when the price of Bticoin increases, the price of Etherum will decrease, this is a consequence of the capabilities possessed by Bitcoin. Bitcoin is phenomenal and affects the various digital currency markets. If seen then Etherum should be able to gradually increase, usually this will happen in a long time. I remain optimistic about Etherum, Etherum coin has a very high prospect and therefore I am still optimistic about the future of Etherum.

If we will compare both btc at eth, eth demand and transactions were higher compared to btc and this somehow gives us a hint that many were using eth than btc.
For us to side in the win-win situation, better to have both since this 2 coins have identical volatility (its rise and fall in the market).

It does, but more or less it depends on ETH’S back round work  as well. Like its projects, marketcap and investment on it. Not only ETH depends on the growth of bitcoin but other  altcoins  as well.  Ether value is growing due to its small contracts and yes the team is focusing on expanding its small projects. Hope to have a growth in value down the line and ETH expected to have its anytime hike this year. Though the  first half has been bit sad, the second half should be yielding profits to the investors.  The value should be growing by now.

Both Bitcoin and Ethereum are the main coins that dominate the market trend. There is a connection between the two, but Ethereum will not always follow Bitcoin changes!

Although Ethereum is the leader of the altcoin market which covers about sixty percent of the revenues the market is led by a singular coin which is the bitcoin so whatever trend bitcoin follows is affected upon the other coins. So when bitcoin make movement in price it also effects on Ethereum also.

That is not true. every trend in bitcoin will have an impact on ethereum. prices can follow the trend. because basically that bitcoin itself becomes the market benchmark to be able to see the trend will rise or not it is a little wrong if the influence of bitcoin is not on ethereum

yes it can, and its happen now, all altcoin price and movement is depend on bitcoin price because so many exchange pair with btc,,if a coin only have pair with usdt i assume thats will be stable and not depend on btc price

Definitely Yes ! The price on the market depends on bitcoin and this applies not only to Ethereum, the price is reflected in all altcoins.

I completely agree. It is worth noting that Bitcoin sets the trend and indicates the direction of the market as a whole, there are very rare cases when coins go against the trend.