ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
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If you believe that bitcoin has been manipulated, then you should also believe that it could happen to ETH.
Remember that ETH do follow the movement of bitcoin since bitcoin has been controlling the market per its dominant rate, so the answer is very easy.
Bears taking control now, but it does not mean it will be hear forever as the market situation could change in an instant, that's how unpredictable market is compared to the stocks.
You are right. Ethereum always follows the Bitcoin movement, jot just ETH, rather the whole crypto market! Right now, the market is crashing because of the coronavirus. People are selling more than buying, so, I don't think this is for the manipulation! I hope the way Bitcoin price dumped recently, in the same way, the price will increase again!