the rally has begun. This rise of the ETH has long been expected. the whales are awake. the weather and the atmosphere are very hot. 
You cant tell it when you do only see this kind of moment. Price increase on short percentage doesnt mean that we would already be heading on a new bull run.Its too early to say now but
its good to look on whats currently happening on the market right now on where bitcoin and other top alts or the entire market starts to make a movement which is a great thing.
For short traders out there then this spot would be the best time to sell up your stash and secure profits.I dont know but this is just my own opinion that holding for too long
wont really be that convincing anymore if we do talk the duration of making money.Better go in short trades.