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.
Ethereum finally broken 3000 level again and not almost breaking 3500$ again , while Bitcoin is closing to 50k , meaning if the growth continue and bitcoin breaks 60k once again then there are big possibilities that ethereum will make it there at 5000$ level,