In other news, I think that I understand that a fudish post on reddit released the hounds of gox and Stamp and BTC-e dutifully followed. Correct?
If that is what happened, then I surmise that demand is sooooo pent up that any tiny spark is enough to set off the fireworks. Or, perhaps it is just the fear of being left behind. I'll go with the former until proven otherwise.
So now what? Will the recent levels hold for long?
A lot of people have been making noise that this bounce back up is irrational... But that doesn't consider the possibility that Gox going to sub-$100 was the irrational thing.
The odds of insolvency can't be that high (6 to 1???), and besides, they can't be THAT insolvent, right? Even if they were insolvent you'd only need to get 1/6 of your coins back for the better decision to be not to sell at $100.
So maybe this is Bitcoinland waking up to the unbelievable deals at Gox after an irrational spell.
From that perspective - yes, this trend may very well be real. It's looking pretty solid on the charts.
