Quick answer: NO
This is the problem here, a bit quick jump will lead quickly into speculation that it will be start of the long awaited BULL RUN. There are chances but we just have to let the progress goes on rather than jumping into conclusion.
What if price movement will remained on slow phase for let's say, for the next several days, weeks and so on.. it will now destroy anyone hopes about bull run since they expected it the moment the price start to jumped recently.