We are still in the bear market I believe. But what I see and observe is that some traders are taking advantage of the market dip which makes them profitable also. I guess bear mode is important because the market needs to go through a cycle and bear cannot be avoided.
What is happening now just destroys all the hopes and patience of investors who understand that the bear market was obvious after the rapid growth of bitcoin, but it dragged on almost until the third quarter of this year, and now it was replaced by corrections.