Bitcoin - Breakout or Fakeout?

I see so many people getting excited with the 5% move over the weekend, I'm not seeing anything to get excited about, yet.
BTC has moved back up to the top of the channel, only to face resistance at 31k.
If Bitcoin does break past 31k, then there is huge resistance at 32k.
So, looks like all the weekend buzz is over nothing.
Time to short???