Without any effect to threaten continuation of the downtrend, some guys are digging up old stories to create fud and the market doesn't seem to have the strength to fight, but it's like a "fake dip". I am still optimistic that there will be a mysterious fall and a very strong increase. This is the last doubtful possibility to end August.
Yeah, this seems like a fake dip or a bull trap but just like you I am optimistic about it that it would pump even more after the small dump. As I look at the chart it looks like it's going to pump soon but the possibility of it to dump is kind of small if you are going to analyze the pattern of its price movement within this month.
I hope $50k is not the final price before the correction start and we might back again to $30k+ or something.