I think this price increase will not last long, maybe in the next few hours we will see the market flushed.
I think market makers did a pretty good job trapping late shorts here. We're less than 1 hour from the daily close, and it's a bullish outside bar exiting the $7,500 mode we've been building for the past 10 days.
I'm not very bullish for the coming months, but I'm pretty confident we can aim for targets in the $7,900 and $8,300 areas in the short term. Then play it by ear, selling the bounce and walking away might be the play.