Every trader usually waiting for it, everyone believes that it is a good sign to invest or buy more once bitcoin and altcoins are dumping. Once the price is dumping, I also used to buy more and hodl it until the season of bull run comes, that's why it is good to have a target price to sell, to earn more profits.
Count me on to those who are waiting for a price correction but i didn't waited for a bitcoin to dump like what have been happened way back 2017. Every trader were literally waiting for a price correction especially those who are aiming to buy bitcoin. And i guess the bitcoin's market value of $45000 if a trader could afford were not bad to consider as a good timing to buy. However, to those who are still waiting for a lower price correction than it i guess it may take time to wait or maybe it shouldn't happen anyway.