It's hard to say that Ethereum will reach $ 1400 because the movement is also so slow, if bitcoin has reached above $ 20k then I think ethereum can also reach a new ATH because the movement of bitcoin is very important for other coins too.
Even though there was an update this year I thought it would not touch the price as expected because it was difficult.
True, I agree with you. if we look at the current price of ETH it will be difficult to reach the price of $ 1400 USD, but in the crypto world there are many things that are unexpected and allow many things to happen, but it's better not to expect too much that ETH will be able to recover to reach $ 1400 USD in this year.