ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance.
This is quite true because Bitcoin controls the whole market, without Bitcoin pumping no other coins pumps. After Bitcoin pumps then other coins like Ethereum starts pumping and this starts the altcoins bullrun as investors look to cash their Bitcoin profit into other coins. Ethereum is the second most trusted cryptocurency in the market.
With Ethereum usually we get coins like BNB judging the ride and the list continues so you don't have to be worried with the current state of Ethereum as this is just temporary and not because the blockchain is losing it value.
ETH wont be standing on ranking #2 if its a shit project or doesnt have potential.Its true that Bitcoin is really a main trend setter but we should not really remove the possibility that other coins in the market
could really go into opposite side or movement which it is really that truly unpredictable.If ever you would really be that trusting that ETH too much then you wont really be hesitating on buying on the current
price as of this moment.Its up to you whether you could really be taking up risk or not.If it does really make you worried then its up to you whether you should skip on buying or investing or would
wait up even more further for possible bottom price.