With crypto down by 40% in the last 3 months, if this isn't a bear market, what is a bear market?

I'm fairly new in the crypto world, bought most of my portfolio at the ATH of November and I'm now stuck with an ever shrinking crypto account. I'm also new to investment in general, so when I learned about bull and bear markets last year, I thought I understood what they meant. Bull is when people are hopeful and numbers go up. Bear is when people are fearful and numbers go down. But people here keep saying we are not in a bear market. When the market goes down everyday for months, what is it then?

Submitted January 22, 2022 at 12:34AM