Yes and ETH is the right choice after BTC and don't be surprised if we see that currently too many people are too confident in new projects that are capable of being ethereum killers but in fact ethereum is still the most favorite platform in the crypto market even though it often has problems with network scalability and It only costs a fee but this is the second most sought after coin after BTC. If you want to go in and buy today, it's quite right even though the price is already high, but if I had ETH I wouldn't doubt its ability to increase it.
But the situation is different if we hold unknown tokens that do not have a strong community and are only used for dumping and pumping. as long as we do not sell the assets, the losses have not been liquidated.
In the long term, there is no reason not to be bullish on ETH but in the short term, i am not sure about it. There is a fud spreading around about the possible rejection of ETH ETF approval and news came out that the SEC is pushing a campaign to declare ETH a security. If they succeed, it won't be positive news for ETH but it can be another fud by the SEC to manipulate the market. Future traders are already making a lot of profit as there is a continued rally in both ETH and BTC prices. So whales and exchanges will try to liquidate those future positions.