This is usual since the beginning of bitcoin, once there is a big pump, expect a big dump too.
The important thing to look at, is the correction. Where it will be landed after the big pump? It's more to put concern that the panic selling that will happened after such huge pump.
I think we had the dump already from 780 to 540 and now it is stablizing to 630-650 area from where the odds are higher to go up than down IMO. Obviously it is not guaranteed to rise so there is a probability of 20-30 % to furter go down. It is your job to decide if this probability is high or low.
Basically a price recovery which I only see fit beacuse the event hasnt taken place yet.
But I can only imagine if the event was already over it would fell harder in my view. Fear is what drives people to sell off naturally so I can see that happen.