It is difficult to say that growth will be sustainable growth, and also we cannot say that the increase is a trap because at this time the pandemic is still unstoppable so that everything will decline and also this crisis will create other difficulties in the world.
The recent up trend can be a bull trap so its good not to go all in for now and watch out the market closely. We know ETH is a good one but the market is still recovering and we might see a lot of corrections and dump before the real pump. I still see a $130 with ETH and that can happen this month.
If that happens, I will make sure to buy more ethereum although I know that it will not easy for me to buy at the right time. Hopefully, the price will not go down too far so we don't have to be worry because if the price drops, many people can panic at that time. Although if the price drop can be our chance to buy at the lower price, it will need time before the price can be back to the higher price.
If the price of Ethereum drops to $130, this will be a catastrophic price and could cause the entire market to collapse in a short time. I think this only happens when the Bitcoin price cannot recover and the bear market continues its downtrend. Of course I didn't expect this but covid-19 is getting worse so anything can happen.