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.
Certainly Ethereum has a very high potential for price increases and $5000 will definitely be achieved sooner or later, but I'm afraid it won't happen by the end of this year. I think a much more likely scenario is that this level will be reached after the successful upgrade to ETH 2.0, so at the beginning of next year.