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.
Actually Ethereum is the most worthy altcoin, so I think that everybody should hold it. And with Ethereum 2.0. fees will become cheaper, so more people will use them again, as I know that many people abandoned it because of fees, so maybe it will really cost more when people come back. I am not sure that ethereum will be 5000$ by the end of this year, but there is no doubt that it will be even more expensive in the long term.