ETH has always been the best follower of Bitcoin market. Yes, when the price of Bitcoin soars, it is likely that ETH will also follow. The significance of Etheruem is still very strong and we all still really believe in the achievements that ETH can make. Even though ETH has many competitors in several ways, in fact ETH is still the best altcoin, at least they have the highest market cap compared to the others.
Oh yes, currently, the price of ETH has also been above $3,200 all the time and this is a very significant increase before the bullish era, especially before the halving. So, the positive trend of ETH's increase is very good too, just like Bitcoin.