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When the fund was in a bull market, how many percentage points did it fall before it began to enter a bear market?
Twenty percent.

Fund bear market, also known as short market, refers to the fund falling in the securities market. As long as the stock price falls to 20%, it is a bear market.

In the stock market, the continuous rise of stocks is generally called bull market, and the continuous decline of stocks is called bear market. If the market can last for a long time, it is a bull market, also known as a bull market. On the contrary, a bear market called a short market is generally bearish and continues to fall.