Here's a little analysis I got to tell.
It looks as if something is definitely happening here; if you look at the chart I drew up below you'll see since August 1st ETH has tested that resistance line I drew in at 0.085 BTC ($279.13) between August 1st/2nd and then again sometime between yesterday and today.
I've also marked the areas where it looked like it was trying to break out with green arrows on August 5th/6th and the 7th until it finally broke out yesterday and stayed above 0.0915 BTC($300.00).
I'm curious to see where the trend is going to go, I read an article on ZeroHedge about the correlation of Ether purchases in S. Korea and the pump in the Ethereum price since the flare up between the States and N. Korea. It proposes that there is an interesting thing happening where everytime some threat of violence occurs, very large buy orders are originating from S. Korea and begs the question - what is the reason for this and why are S. Koreans investing in Ethereum specifically?