Massive price surge ?? Where ?? When ??
Moving from the price of $3500 to $5500 is not a "Massive price surge" at all. This had to happen since bitcoin was in a relatively long bearish trend.
It took bitcoin almost a year and a half to come out of the bearish trend. Even now we can guarantee that the price won't return to the sub $3000 level.
Though the chances for going down are quite low, it would be better if we hold on to these high speculation topics for a while until bitcoin recovers at least half of what it lost.