Markets have a way of looking for something particular while hiding its intent.
The Bitshares price was probably looking for that long-term support line:
Well, it appears to have found that support line. This opens the opportunity for a beautiful technical triangle. Now it will likely search for the top of the triangle, as a minimum. What a great move that will be.
Is it time to fill the bags?
This is not financial advice, do your own due diligence. I am not responsible for your trading decisions.