Not necessarily. I wouldn't disregard the possibility for further adjustments downwards at this stage leading to previous bottoms being tested.
I still believe we are still some time away from the actual recovery that would lead the market into a bull market, and this can be seen through the strong resistance that is still present at the $4k level at the moment despite what seemed like a pretty sizeable rally from the start of the month. I definitely won't rule out seeing a lot more dips than what people are expecting right now.
actually the resistance at $4k is not that strong. the only reason that price couldn't do an actual "breakout" was because it was the first time that price level was being tested and as is the case with first attempts at reversals, it always fails without exceptions.
basically it is due to the day traders and their sell orders that suddenly spikes when there is a bigger than usual price rise for the first time. so when for a long time they were only seeing 4-5% rises and suddenly they saw a 30% rise, they obviously rush to sell and get their big unexpected profit out and
that crashes the price. not because of lack of readiness or lack of fresh money coming in.