Based on what I have been reading around the internet - not that this is usually the best source of solid investment information, I have read that the huge and sudden gains in ether maybe a trap put in place by whales who lost out when Ether dropped by over 30 % in the course of days last week.
Will the dump happen today? Will it happen in the next 48 hours ? Only time will tell. At this moment some analysis are stating that Ethereum may drop below $200 some time in near future, with that being said, I have a PUT option in place for $18,000 in ethereum @$250 Canadian per unit. Let see if I can make up for some lost time.