I don't have the crystal ball, but I predict that if everything goes well with Bitcoin, the next coin that will follow its path is Ethereum. So its still a win-win situation for us, I might be sounding like a broken record, but we need more patience specially at this time.
ETH is gaining more popularity than other altcoins with this there is no problem for ETH to bounce back if it is hit by a big blow, their platform, and the team behind is the asset of the coin, therefore 500$ is reachable but in due time because of cryptocurrency is struggling right now.