I actually don't like this chart since it shows that pretty much every time when there was an outsize move up, it was followed by almost the same %% move down, especially in the first half of the chart. Hopefully, we will be able to escape this here, I hope, or it would be brutal.
These sort of moves are unhealthy, especially without a proper base. A slow grind up is the only way to sustain a move over the longer term.
Many posters will celebrate this sort of pump, only to have their hopes dashed again.
Of course, one should always look at the alternative : that this is the beginning of a long move up, but at this rate, that is a low probability. A new exponential move that fails below 13500 would be very bearish. Only if 14k gets broken decisively, the outlook changes (with a new ath in sights) That looks a very long way off atm.