2nd: to go down and make a bottom around 8580~8210 then go up targeting the 15k level
i feel that the 2nd scenario is closer to current movement, so i'm trying to use that on ETH, Since Btc might go down a little, and ETH will get some strength soon.
i'll try buying ETH/BTC next week, i hope it doesn't go lower than 0.0204 tho before reversing up.
but historically whenever bitcoin price drops altcoins follow it down. and in case of ETH/BTC the chances of seeing a large dump is very high because the ethereum market has not been good for a long time and the bag holders who have lost a lot are only calm right now because they are not seeing any new dumps, if a dump were to begin they will panic and could potentially crash its price.