Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
What is interesting that you call hell a -20% of current Bitcoin price. Bitcoin can drop for 20% in a single day. I would call hell is bitcoin goes under $3000. That would be hell and all alts prices would then decrease dramatically. on 1/10 of current price.