Too much hype and new money coming in.  I'm expecting a correction down to around 7600 range once everyone feels its time to take profits.  It'll be a chain reaction once large holders/whales start capturing their profits.  Given the holidays coming up too I can imagine additional new money coming in more than usual.  

I'm more speculative on alt coins right now since it's usually been an inverse correlation between the two, but it's a bit parallel right now.