So, this ETH downtrend can impact bad effect on bitcoin?
ETH can have impact to bitcoin whether it goes down or it goes up. It has impact to its children (ERC20 tokens) but if ETH is being dumped, it looks like it affects the whole market.
Bitcoin has impact if it goes up or down not only to ETH but to other alts as well. We recently saw on how bitcoin went up but ETH and other alts went down.
We know eth and other coins price ups and downs depend on the Bitcoin. Then what is now?
That's right, sometimes it is inversely proportional to bitcoin.