Yes, mate Eth is going to bull run with this announce. But my idea is for all cryptocurrencies prices are depending on Bitcoin. If bitcoin become at a good price other coins also sell at high prices.
I think yes because no matter how good a new project is if the market is on the bear trend their price will still go dump but of course this can still affect the price of ETH. The blockchain of ETH is the best of all altcoins and its a great choice, maybe soon ETH will go for a $500 mark again on the first week on June.