I hope so. Because now ETH is trading below $4.5k. It reached $4.9k for a brief period, though. If the market remains bullish, going above $5k would be possible. I've read that the Fusaka upgrade is bound to get activated soon. It will be another milestone in scaling the main Ethereum blockchain. Perhaps, it will add more fuel to the hype, effectively "pumping" market prices to the moon.
Despite this, all of the eyes are on Bitcoin. Partly because most institutional investors are buying it. They're also buying ETH, but not as much as BTC. Once ETH reaches a new ATH ($5k and above), the altcoin season will truly begin. Just diversify your investment, and you shouldn't have any problems if the market crashes all of a sudden.
