Almost all markets are green once again and so does Hot with little gain in spite of yesterday's evening little drop in Bitcoin's price. This thing indicates clearly that market is looking more positive not saying bullish but bearish it isn't anymore. Investors are willing to catch these small dips in market which take place time to time. Hot on the other hand looks good in try to establish more higher lows.
Your analysis is off a bit.... this situation the ALTs began rising BEFORE BTC dipped. Not a situation where BTC is going down prior to ALTs going up. Which is when ALTs would normally fall with it. So we're in a good situation right now to make our gains. BTC is still bearish.