It is still going up, without single bigger dump or big correction, just straight up. Don't know where the top will be, but damn, the dump will be spectacular...1 billion for currency which was until last week in alpha release and no single shop is accepting it? There has to be some hidden reason for all this hype
It's not always down to hidden forces. Let's assume people are thinking this is quite close to the rise of Bitcoin - only much later and less likely. But still possible. So I think we are seeing people investing in little chunks. You can see it on the walls that you've got a wide spread of smaller buys. At 12USD or so it's still not that expensive. Especially if you have Bitcoin already. Is it a big deal to buy 10 or 20 Ether just for kicks? Not really. I'm certain this is what is happening. I don't think a dump is likely for some time because there's more money for now in people entering and holding.