The way to know the dip is by pattern like a number sequence, you go on the low but a rising low and hence it is bullish even if its lower then recent action; so long as its higher then the previous low over the longer time period. The market reacts strongly in the shorter term but the longer term trends are like steel struts that frame the intraday action. Ditto the highs, each is slightly higher and this is all bullish or can be drawn as a channel.
I will see if I can conjure up a chart, sadly I dont have my old chart because it was alot neater. I was told once a good trend can be explained with crayons, good I hope so because thats all I got.

So its messy but I'm trying to outline the backbone to this trend started in Feb with a pattern of rising lows. Now we elevate and it becomes more tricky to judge imo, ironically its also more popular now at a higher price I think
This of course does not rule out the possibility that we will not see price under 4000$ again, but only in case this is bull trap.
I think this is possible if we react badly to 6500 and also some bad news perhaps, a combo effect.