I still think that this was just a short term reaction and, as such, an opportunity to sell. The trend is still bearish. Even if the breach of the 7415 was unexpected.
It may turn out that way. On the 1-day chart, the spike through the top of the range only ended as a wick. So there's been no breakout yet, and to boot, the other exchanges like Bitstamp and Coinbase didn't break their previous highs.
Still, I'd wait a few days to see how things shake out. Long/short ratios are still heavily in the bulls' favor. The price differences between Bitfinex and other exchanges has closed up a lot, and we're still sitting on solid gains over the past 24 hours. I won't be surprised if this resolves to the upside.