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.
At least a small number of tokens will disappear or the pumps will be blown out so that it is easier for an investor to make a choice. So bears are needed and important, they update the market and do not allow the top coins takes pride in, that they are the best.