I understand that since altcoins are paired with BTC for trading, the price is based off bitcoin's.
However, even if an altcoin is doing well, it can tank (in terms of sats) when bitcoin's price corrects.
Will we ever see a market that isn't so heavily dependent on bitcoin? Is this possible for the future?
That wont be happening in the future,because bitcoin is dictating how these altcoins will do,market will be based to bitcoin's investors,if these investors pull out their money from bitcoin's the market will surely crash as what we are experiencing the marketcap falls all the altcoins will bleed,the only time these alts wil lbe independent when these investors wont put their money to bitcoin which is not possible.