The dip was real. Like the ones who waited for this dip I too was looking for this opportunity, the only difference is that I have not bought some BTC nor tokens because I thought it will continue to dip for the whole week. One chance to buy the dip of ADA for as low as $0.80, that's how low it went yesterday.
What I think of it is that the good traders got the easy money well compare to the ones who overly analyze the dip.
In terms of technical analysis, looking at BTC in weekly time frame is show that the strong bullish move from 1st Feb. to 22nd Feb. 2021 that pushes the price from $32K to above $58k created an imbalance. As for me I expected the dip down to $42k within this week and the coming week to fill the imbalance created between $32k and $58. Which might determine a strong move again.
I'm anticipating more dip as correction in price, so this dip is an opportunity for the ones looking for it to buy.