Of course maybe it will be, but only this happen not soon. The times of HYIP ETH and smart contracts in particular are over. The correlation of ETH and BTC is back. When the dependence disappears again nobody don't know or maybe this not happen.
As long as there's a demand coming from new buyers and holder who still patronizes ethereum, now wonder we will achieve that highest record again. When the btc domino effect will count on, I am confident that would also be happening to eth and it will increase back again to what highest price it has reached previously.