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, I think the price of most altcoin depends only on Bitcoin, it does not depend on Ethereum and even Ethereum is dependent on Bitcoin, which is a rule of the market.
Watching the market situation for a few years, I would say the same things. All altcoins including Ethereum depend on the price of Bitcoin. This was extremely evident in 2017 during the bull run and in 2018 during the bloodbath.