Bears what are you waiting on? A 5, 10, 15, 30 or 50% drop are you perma bearish and will only buy puts and shorts?

Every time the market pulls back even a tiny bit this subreddit fills up with bearish victory laps, but I rarely see any of these accounts discuss their actual exit strategy or buying triggers.

If you are currently sitting 100% cash, holding inverse ETFs, or buying puts, what is your actual target to flip bullish?

If an actual correction happens, do you buy the dip or do you get greedy, assume it's going down 30%+ and miss the boat entirely when it rallies back to all time highs?

Is there a data point (forward P/E ratios, specific macro data) or a literal percentage drop from the top that makes you deploy capital or are you just permanently bearish until the entire financial system resets?