Yes, I am more confident on it because it cannot overtake the value of bitcoin because right many countries are legalizing bitcoin as one of their payment optional but there is a chance that ETH will be the second one after the bitcoin.
I doubt that. Eth at this moment is also having it's pump. And in the near present it will decrease but now its lowest and stagnant price will be i think 100$. Eth and btc in general are just the same but it is just that btc is the one known to the whole world and its price is unbelievable if were gonna think of it. Eth can be known by its work and probably not as the second bitcoin.
It going almost $200 now. It the trend will continue, it may touch $500 then there may be some correction price. So I will also not be surprised if it goes up in the next weeks or so. What I'm afraid of is that if there is some big investors behind this price increase that would make a dump and start cashing it out in the future.