Maybe, but in the last 3 months eth/btc ratio dropped from 0.1 to 0.6. Since yeterday altcoins are rallying, but eth seems a poor performer, even etc is outperforming eth, so the value of eth in comparisson to other altcoins is on a downtrend, not the first time this happens, but at his moment eth seems to be weak and that money is betting on other altcoins
eth is always the last altcoin to rise and when it does it rises a lot, has always been that and that is part of a huge manipulation, now eth is 0.06 x btc, in few days it could be 0.12, it will rise a lot given time, eth's real price right now x btc is 0.195.