ETHBTC has been consolidating for a while now and if there is not enough strength we could see something similar to what happened in 2016. Price structure 2016:
Price structure 2017:
Volume and StochRSI: 2016 2017
RSI 2016 2017
Note: ETHBTC correlation to alts cycles could have been affected by the high number of ICOs and the ETH collected by all these projects.