The rally is very much appreciated considering that hashprice exited 2022 near all-time lows, but it will also be very much cut short by today's difficulty adjustment. The 9-10% positive adjustment will be the first since October 10, 2022 and will erase a majority of the gains hashprice enjoyed this week.

And the hashprice rise wasn't really all that significant to begin with:

https://i.postimg.cc/NjKXkDjR/Screenshot-at-2023-01-16-04-16-03.png

Source: https://data.hashrateindex.com/chart/bitcoin-hashprice-index