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.
yes you are right the altcoin price depends on the price of bitcoin. because bitcoin is the main currency in cryptocurrency. like the dollar in fiat money. so the rise of the bitcoin level will have an impact on altcoin. ethereum also follows the price of bitcoin. when bitcoin goes down the crypto market will be red. and this year bitcoin began to crawl up hopefully this situation will continue.