i've never had that problem. but i'm dealing with 2 inch lift most of the time. it ain't right. what size tyres are you running?. will it happen from cold stationary ? the fluid level stays the same... which rating fluid.
don't think it would be air unless there is lots of air. my wag has a load valve for the rear. (it's a gq) by all means try bleeding it. (i upgraded the rear from drums to disc didn't have any issues bleeding it)(but then again i did the slave on my clutch and never had issues bleeding it)