Ethereum is currently trading at around, or a little above $3200 at the time of writing this comment, this is very positive and a possible confirmation to the possibility of eth reaching the speculated price of $5000 before this year runs out.
Actually, I feel that if the market will continue in it's current bullish state, the price of eth might possibly be above $5000 before we enter the third quarter of this year.
So yeah, things are looking very good for eth, and also another thing we may want to consider is the possibiltiy of eth spot ETF approval, which may also happen this year, if this happens, I guess it's safe to say that we may see eth price skyrocketing and touching $10,000 before the year end, though this still depend largely on the overall performance of bitcoin, since bitcoin still somehow, have a big influence on the entire crypto currency market.