Sure alot of market correction have taken place, but even for that level of correction, Bitcoin is still at a positive position considering how much have been melted out of the market, the correct price is still way high to start calling for intense speculations.
I don't think that's a correction. After touching the new ATH, it might be a retracement, but accept the fact that this is a bearish trend, not a correction. Look at the chart on multiple time frames and check the structure.
@OP Currently, there are no signs of reversal yet or divergence. This might be a long-term bearish or short-term trend since the EU tariff.
For now it's risky to trade for long or buy depends on us how we consider the price as cheap. People usually buy gradually if they seen red days and do DCA just to hit the deep price of BTC.