The dominance of bitcoin has to reduce over altcoins in general and not only ethereum, if not totally removed. Which is a good development.
If ethereum is able to achieve this, then other altcoin will like escape the over reliance on bitcoin.
You are drunk mate, how can alternative coin stand by its own foot without Bitcoin helping them? did you forget that this coin exists due to Bitcoin and just for Bitcoin itself.
there is no way, they can do this alone and creating their own value. Cryptocurrency value depends on speculation.
An interesting site (your link). As I see it, ETH correlation decreased a few times in the past months, and even went to negative amounts, but every time it eventually returned to near 1.0 numbers.
The correlation between BTC and alts is very complicated IMHO, and it used to be different in the old times. Nowadays most of the alts seem to be closely related to BTC, and it has heavily damaged us altcoin hodlers when BTC is so bearish.
Yeah, that site, enroyd.com, is really interesting. Actually I found it via this blog article:
https://captainaltcoin.com/xrp-and-btc-decoupling-time-is-still-a-pipe-dream/ Their analysis is focused on XRP, but it could be applied to ETH perfectly.
We can not compare A to B when B has something to do in the future. Like ETH right now,
in a couple weeks later, it will get hardfork. If we are looking at our history, the pattern will break once any project faces this event. Just like Bitcoin Cash, this project got pumped so heavily because of the hardfork, and its price moved out of the pattern. But, look at it now.
everything has their own agenda, but do not forget that they will eventually be back to its own place after finishing their own agenda. An alternative coin will remain as an alternative coin, nothing will change.
