Ethereum is flying form last few days. I really can not trace the reason of the bullish trend.
However, what is your thought about the closing price of ETH in 2018?
Graph wise, i don't really think it's anywhere near the $1000 dollar mark. It even reduced its value for about 3.75% in the past week, making its value at $597.47. But nonetheless, we're still on the second half of the year, things can get pretty rough on the second half we'll then see if the value of it would continue to decrease or would be in a bull run.