What does this tell us?
I do not know what to think anymore!
BTC just went under 9K
Everything is struggling right now if you are looking at the $ value, nothing has really changed with the fundamentals of any coin, I wouldn't worry too much especially with ETH as there will be a time soon where this downside becomes and upside and everyone will be a lot happier.
I'll keep that in mind about what you mention, bitcoin is reacting fast from market about it's supply and demand as for eth is different from bitcoin just as you said, it may be down but there's always a time that it's price is on the roof for everyone to sell. Eth may not be the most expensive but it's next to bitcoin and soon it may compete by price.