No mate, it's not the same case this time as I believe that whatever we expect from crypto markets, it does always opposite of the same and when big players already know that there's not much steam left in the altcoins' trading game and all the money is being shifted to margin trading for much better returns, this time it'll prove to be a lot more different than before.
Emotion and perception go in cycles hand in hand with price.
We all know almost all alts are junk and will never achieve shit. They've done nothing other than sit there and look worthless in the year and half since they were supposed to put your prostate on the blockchain. People are bored and disenchanted with them and rightly so.
As soon as there's a whiff of bubbledom they're going to come roaring back. I don't think there'll be anything as pathetic and enticing as ICOs ever again, but unit bias and the perception of 'getting in early' are universal human traits which will never go away.