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.
I believe that there is such a possibility that the price of Ethereum can reach $ 5,000 for 1 ETH by the end of 2021. Of course, this is not 100%, but according to my calculations, 2021 is the last year of the next cycle of development of the crypto market, and as the practice of past such years has shown, by the end of the year there was always a rise in prices for cryptocurrencies, including Ethereum. But we also know that recently the situation on the crypto market is not unambiguous and both a flight to the moon and a fall in prices can occur.