My honest view is that Ethereum's rise was not healthy or wise. Nothing can be worth 8.5 dollars one month then a couple of months later be worth 400 dollars. I mined a lot of Ethereum and yes you could say I am a little bitter in that I sold all mine for around 10 bucks a coin. But lets get real here - anyone buying into Ethereum when it was valued at 400 dollars a coin would need their head read! Ethereum has much potential and I hope it does well but I don't like the greed and the hype that follows these coins. Personally I want to see Bitcoin sit around 2500 to 2700 for a few months so as to get credibility and long term stability. Ethereum has to do the same thing - it is not going to be worth 1000 dollars in a few months and it would be really unhealthy for cryptos in general if that were to happen.
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I know what you mean @grahamsnoplus1, but I think you need to look at the the overall ecosystem that's being supported by Ethereum. The speed of it's network is much much faster than Bitcoin. So I don't think the price is too high compared to what it's uses are. You can read more about it in my post here:
https://steemit.com/ethereum/@cryptodog/why-i-think-ethereum-price-will-go-much-higher
Cheers.