This is not financial advice of any kind.
Yes, that is a very probable scenario.
As I said before until ETH 2.0 upgrade, Ethereum is probably the safest bet out there.
It’s getting more scarce each day with a burning mechanism, it is still Proof of Work blockchain and more than 30% supply locked until ETH 2.0.
Currently ETH is battling hard in the crypto market. It would be good if ETH reaches first 4k by November at least. 5k was really posssible at april now not looking that good. I still hope ETH and other cryptocurrencies will explode by the end of the year. Hopefully some big news trigger it. The safest bet for me is bitcoin and eth behind it