Low this year was around 90 usd, and price already increase 100% as of this time, and though it's a significant increase already, we are ready for more as it's how the market behaves in crypto. The ATH of ETH is still high compared to its current price now, we need to surpass that to recover fully.
I don't think all time highs would have to be surpassed for us to say it's fully recovered. As of now i think ethereum is already at a good recovering stage. As you've said, not long ago it was under 90usd and people are already quick in saying that it's dead. Now those who saw that as an opportunity are up more than double their initial amounts. It's not a bull trap, it's ether making a run along with the other coins following btc's movement.