I think it is just a small correction from the bottom price of ETH.
And the other altcoins price are increasing as well, so ETH price only follow the market movements.
This is not a bull run until we see the price is rapidly increasing in a short time.
Yes, most times altcoins are just following bitcoin's movement which is due to traders manipulation and it doe not need to be a reason based. We cannot look for reasons for price movements of any crypto as rising and falling of an asset may happen when a whale is deciding to do whatever they want. Now a days, one particular altcoin does not need to have any specific reason for its movement but when any one coin will be having a reason and making its own movement, all other coins are just following it.
I think its just 1 day game. We have to wait for ETH2.0 and its success news. Then ETF. Then only we will see good run in ETH.
Yes right now, ETH is trading around 0.032 BTC after losing 2.7% from its yesterday's high. It means it is no more into bull run. It was into bull when bitcoin was. Hence. I believe ethereum is not having any its won reason for having bull but just following bitcoin's directions.