Ethereum now is like it was in 2019, 4 years ago. In 2019 bear market Ethereum recovered from about $130 to that year highest price about $340.

I don't expect Ethereum to have a rally which is too closely to its all time high in 2021 about $4700. It won't happen in a bear market and it is simple to realize that fact. I agree that it is a good plan to accumulate Ethereum before a next halving of Bitcoin in 2024. Ethereum will follow Bitcoin after Bitcoin makes its new all time high. It is specifically supported by the Burning mechanism by Ethereum itself.

A great website to see changes of Ethereum supply after the Burning mechanism was activated and how will it go in speculative model.
https://ultrasound.money/