Its quite simple: People don't wanna put their money on alts. There are more sellers than buyers, so the prices is driven down. This is probably caused by the btc forks and people selling their alts to try and get "free money" when the fork occurs.
Yes, that's true. On the other hand, Bitcoin went down a bit after 1st fork and many here predicted that then money will move to alts for some time what didn't happened. I don't expect any bigger correction on BTC before 2nd fork for the reason you just mentioned. Howver, after 2nd fork BTC will be a big balloon which obviously will be corrected and alts will be hurt very much too.
So do you think we should prepare for no gains on top alts in next weeks?
In other words, don't buy alts for next few weeks?
What is the same situation before Bitcoin Cash fork? How it ended? Because I see Ethereum and Bitcoin the same in terms of grow to last 2 peaks (when ETH touched 400 two times).
I have a contract on Ripple, Ethereum and Monero (small ones) which goes down and down and will expire before 2nd fork. Should I just cut loses and sell them now as probably there is no chance to grow before 2nd fork?One more question: how to explain pump on Ethereum and other alts on 13th of October? Why it went up when Bitcoin was going up before fork?