Once again its great to see you use DLive :-)
I have been thinking up some more about how alts have suffered a 80-90% correction since the last ATH. They have pretty much bled out as much as they could, so even if the ETF thing doesn't pan out they might not see as much suffering as Bitcoin.
If we compare the correction levels then BTC has corrected less than alts. On the other hand during the last bull run some of the alts saw much greater gains then the Bitcoin. There might might be chance that Alts might correct further.
But this whole scenario predicated on the fact that September decision doesn't go in our favor and we see bears take the wheel. There is good chance that might not happen at all.