Recently, the market has shown that bitcoin is set for a bull run. Yet, the ethereum chart is showing that,ethereum is feebly struggling to even maintain it's current price. What do you say about this? Why hasn't ethereum followed suit?
Ethereum isn't waiting anything. The whole market is waiting for bitcoin. Because the whole market goes after bitcoin all the time. You must have noticed this for years. Bitcoin is everything in this market.
If so, there is no competition in crypto currencies. And there is no advantage from other platforms when the price of their coins depends on the movement of the price of Bitcoin. Does my way of thinking like this have something wrong?