Zooming in on the details,
When $BTC hits ATH, it undergoes a correction of about -11.66%. Meanwhile, due to the nature of the money flow lagging when Others touch resistance (without reaching ATH), Others have corrected downwards by -28.6%. This means that for every 1% drop in $BTC, Altcoins drop by 3%. Roughly speaking, Top Altcoins decrease by about -33%, while Midcap/lowcap/meme coins may drop by approximately -45% to -65%.
Specific examples. From Top 10 to Top 150 market capitalization.
Top 10 market cap:
▫️ $ADA | When $BTC hits ATH and corrects by -11.66%, $ADA, not reaching Fibo .786, corrects downwards by -38.72%. It drops nearly three times as much as Bitcoin.
▫️ $LTC | Representing the POW system, it usually follows the upward trend of $BTC. $LTC also decreases by -31.33%.
▫️ $DOT | As a newer coin, with its technology narrative, it gets listed near the top 10 market cap. After a pump/dump of around +- 60%, before entering a bull run, it also undergoes a correction of -27%.
👉 Top coins correct around 3 times as much. Their upward trends are also much later compared to Bitcoin.