Crypto markets are volatile, so buying cryptocurrencies at any price – let alone a dip that might become a long-term trend – is risky. While prices could return to previous levels, they could also fall even further, leaving your investment underwater.
The drop seems to have stopped but a recovery is not happening either, it seems that many people have decided to wait and see what developments we see from now on, something that I think is perfectly reasonable, to buy now will be a huge risk unless you are completely convinced that you can hold your coins no matter what, after all the bears do not really need to do much to create panic in the markets once again and make the price to go down, as such waiting seems like the best choice for the majority of the market participants.