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.
Anything can be happen in crypto, but maybe for me if there are no big pump on bitcoin will be hard for other big altcoins get pumped if there are no big news happen. But in 3 months anything can be happen, no one know if maybe in 1-2 months an influencers will made bitcoin hype, or maybe more country adopt crypto that can cause positive impact to crypto, no one can predict but possibly happen for ETH $5k.