I will surprise if it breach its last life time high but it is still far away from that level still it has the capability to reach there in 2018 itself. Now market is recovering and start moving up and one positive news can take ethereum to new highs.
Below $4,000 level, everything is normal for amazing ethereum platform. If it goes above $4,000 or $5,000 that would be surprise for me at the moment. As of now, its price is very normal and keep growing to the bigger numbers.