It is true that it is difficult to predict the price of BTC, but it is not right to comment, that many people may panic in this price drop. There is some volatility before and after halving but this is normal. In this case you can keep buying the DIP but it will not better decisions to sell.
If you want to cover your loss, you can invest BTC by using DCA into weekly or monthly basis.
If there are still some people who create barriers for themselves through the panic that arises in their minds about buying Bitcoin. Maybe some people don't see how happy the people who bought Bitcoin on the Dip were at the beginning of last year until now, so these people are still haunted by panic. Meanwhile, people who have experienced greater profits through Bitcoin will never feel panicked again and will even continue to take advantage of every dip when they want to buy Bitcoin.