Of course bearish market still happened in the midst of minor pumps lately, and I wouldn't be surprised since those other holders grabbed the small opportunity of that price increase. However, no need to be afraid of current price downfall because it was just a natural fluctuations as part of bearish trend nowadays. Keep your faith and always have positive expectations in the future coming days.
All the small correction that usually happens at the current market should not be referred to as bearish trend for I see it as just a minor corrections before serious upward trend which is a normal situation in crypto currency market.