Both ETH and ETC are dropping. It seems that the hot money on these coins have moved to DASH and XMR. The volume of DASH and XMR is increasing and the price of these coins are slowly increasing. ETH and ETC is done for now.
The combined volume of ETC and ETH is just around 7000 now in Poloniex. The volume ratio to the DASH and XMR has reduced.
The trading volume of ETC and ETH has reduced significantly in the last few weeks. The Monero is the number 1 now.