now ETH price is going down with bitcoin downtrend
what you think that eth price will go more down if bitcoin downs
or eth will stay stable ?
my point of view is if bitcoin goes more down then eth will do under 400$ in a week or two
Probably will go down also, when BTC goes down all other coins are going down except if something get announced in that same moment so it counter balance the price because of sudden buy volume.
Even though there is announcement now the price of the coin will not increase because bitcoin price is going down.
Now the market situation is also very bad and ETH price will increase along with bitcoin only.