The battle is on. Every time bitcoin goes down big the suppression of Ethereum value happens the price goes down and is prevented from going into a bull run. As bitcoin starts to go back up Ethereum notices that and says hey now is a good time for me to try and get that bull run again. The big boy bitcoin says no probably best I stay the big daddy and lower's its value again just as Ethereum appears to show signs of going up for the month.
This tit for tat to continue until Christmas. Will Ethereum keep saying I wanna go up to bitcoin and bitcoin keep saying na I'm gonna keep lowering my upward trend to a downward trend if you keep on trying to out compete me in a run that is to out do any bitcoin all time gain upward trend. i.e the 2017 boom in bitcoin. Ethereum keeps trying to do a bitcoin in 2017, but bitcoin keeps saying no as if Ethereum did go up and up and bitcoin down to very low $15000 and Ethereum. up to $60,000 then what would bitcoin be??? Don't ask this Ethereum, quit worrying about bitcoin and bitcoins price. ETH price is So obviously influenced by bitcoin's these last few months since March 2021 - August 2021.
This is forming a duality between the top to crypto's. As it stands it is like Gold Bitcoin VS Silver ETH. But will that remain that way. Will the deFi markets out do bitcoin by the accumulation of crypto ecosystem and people adopting the ecosystem, or I predict bitcoin will try to counter this. If bitcoin notices the mass adoption of the deFi alt coin ecosystem by the masses of people in the crypto space then I predict bitcoin will try go for an all new all time high $100,000. Hell if the economy goes upside down like it looks like already and takes full effect then that could be $1,000,000 per coin.
Don't let the crypto space roller coaster rides get to you too much.
Peace, love, joy and happiness.
Namaste.