I don't know when ETH fees can drop again, but if the current situation persists and many people are still interested in Defi projects then I believe ETH fees will go up $ 10 or even high more like that next time
When goes down eth price then gas fees reduce. Really 5$, $10 not small gas fees for a beginner trader or investors. Yes definitely right hype now and many investors want invest in defi project without analysis lol. Without research for a crazy investors thinking.
This kind of eth gas prices happened before and it will settle down for sure, I don't have any transactions now so I don't know what is the price of gas but I think it's really high due to the hype of this deFi projects that lead to network congestion. I am hoping that eth 2.0 will be released sooner than it's expected deadline.