There is something to be said for a "hunch" but I get the confusion.

Crypto is a volatile and new market. Little (or nothing) is known about how it works. The vast majority of crypto is based on perceived value and scarcity ... it is LITERALLY a paper doll investment.

Most of the movement in crypto has been tied to Bitcoin, but this is only because Bitcoin is what market makers know. Recently, there has been a lot of movement surrounding ETH as a viable currency.

Here's the challenge. ETH is NOT A CURRENCY! Sure it's a tradeable token, it buys value in ETH based tokens within the ETH based dapps (including Steem and EOS), it can be sold for FIAT, but it's not a currency it's the "fuel" that backs various currencies and applications.

ETH is built on the blockchain model that Bitcoin Created and Steem is built on the blockchain model that ETH refined and EOS is built and refined even further. This creates an assumed correlation. In reality the US Dollar is the eventual evolution of trading SHEEP! I wouldn't base my dollar on the price of wool.

What do we get out of this?

Look at investments individually. A smart investor will not only ride the market waves, s/he will also research each offering and determine it's short and long term VALUE.