If BTC makes an extended bull run I'm sure ETH will follow. But it's going to take a decent period of investor confidence to drive it.
But this rally got finished too early it was another bull trap. This showing how much volatile this market is no doubt it could few more years to get mature and establish itself on a decent level with less volatility.
I don't think the last crypto rally was a bull trap, may we look at the same chart from different viewpoints. I doubt the price will remain here, almost a small journey is required for reaching the $200 first and the end of the journey will be at $400, IMHO.
If you look at the whole chart, it looks like it will be easy to get to $ 200 in fast time until February, but if there are other factors, maybe that will hinder it and difficult to move. Because I also have some ETH, I will be ready to wait for the next pump.