Exactly, but buying the dip is not a normal thing, everyone doesn't have that kind of brave to open their trade in the bearish market.
Now the spot price is $34K, You know this dump helped the trader to waste their own money and transfer that money to the pocket of whales and manipulators??

yes, every dump is useful for manipulator/whales/crypto_exchanges. they bagged huge money during the dumping moment.
be wise don't feed the manipulators, hodl tight, and don't be panic.
That's right, at least there must be a large enough capital when you really want to do something like this.
because as you said, most people are not too bold to buy when the market is like now.
although this is indeed a good thing, of course we also don't forget the analysis which is indeed a support to make at least the choices we take can be accompanied by good data