Ethereum is second to BTC, if whales wants to accumulate Bitcoin
for sure they want to accumulate ethereum as much. So I am not surprise if FUD is coming out for ETH to go down
as low as it can.
Vice versa, when BTC is improving slowly and increasing in the market, then ETH will also experience almost the same thing so that ETH will always be near BTC or in second place after BTC and it will always be difficult to compete with others.