Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
Right now ethereum and other coins are out of investors interest because all of them are busy trying to figure out where bitcoin price is heading towards. People are just selling off their alts including ethereum to buy bitcoin and ride the current bitcoin wave.
When hype over bitcoin will be over than people will start to buy ethereum and other altcoins, Just hold your alts tightly.