As i said in my today 2 posts regarding that rising, there can be some possible reasons for that:
- More miners are motivated to... mine because decreasing difficulty make possible for rewarding more tokens. Thus, more will come.
- More exchanges accept Bitcoin Cash and trading volumes increases a lot
- Faster processing... more miners, mo' power, right?
But, as you said it is tricky for who want to buy.
For who knows to read charts, can be made some analysis but when is no good real reason in the news, who knows for real!
I have a tiny small amount, and thinking if it is ok to sell it now and wait it to go down $2-300 and buy it back... i think will see tomorrow .
Cheers