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Many people calling Ethereum dead because it broke "all" supports, but actually it is not. I am still watching the ETH/BTC pair where the crucial support is 0.037, we are approaching it.
I can hardly imagine a scenario where the price breaks this level down, it is nearly impossible. Once we see a bounce from there, a party on classic altcoins (top 100 market cap) will start.
However, it may still take some time (up to 1 - 1.5 month).