Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.
In my opinion altcoins are already too dependent in BTC and ETH. We could observe that when BTC and ETH price move down almost all of the alts will massively fall. This could imply that alts are dependent on BTC and ETH.
I see it for Altcoin is dependent on both Bitcoin and Ethereum. because for Altcoin itself develops increasingly after the development that occurred in Ethereum and Bitcoin. so this is a benchmark to suggest that the development of Altcoin is a development that depends on both Ethereum and Bitcoin.