Someone also usually asks if it's a bull trap lmao.

But yeah, I try not to buy into traditional investment terms being used in crypto, but it most likely is. This bear market isn't as bad as past ones, but they typically lasted around a year (or more after Mt. Gox), so I expect it to run about as long. Another thing to note is that Bitcoin prices typically run on hype, and we haven't really had any except for a few days of $8k ETF optimism.