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.
Although I still believed that Ethereum will reach at least $5,000 or more by the end of 2021, there are no promises or guarantees here. I am bullish on ETH by the way, as it is my major holdings in my portfolio right now. If not, they could touch down at least $4k once again.