The price will spike again soon when the hard fork returns. People bought a lot and made the price go from 80 dollar level to 150+ dollars which was purely because of the hard fork, if you look at the bitcoin price at the same period it went only from 3200ish to 4000 and right now at 3500 again, not a huge difference, whereas ethereum went from 80 dollars to 150 dollars which is almost double and even "dropped" to 120 dollar because of the failed hard fork but it is still 50% gained from the low prices.
I do not think for a second ethereum will fall anytime soon, with the hard fork tried again the price will once again increase and this time it could see as much as 200 dollar level. It is the perfect timing to buy ethereum right now and anytime soon.
This anticipated fork brings some hope for the holders and supporters, I agree with your statement as after ETH make the all time low in 2018 the news of having a hard fork bring the value to double and more interest comes up again from old investors and traders, though delayed happen but it can bring more changes if the next try will be more successful.
