How deep is bear market?

Hello world! We have friday, nice gap down at the market opening, panic or not to?
$SPY index is testing 2020 end of year price, what now?
From my "investor" view, I feel comfortable, because I am aiming with dividend portfolio to next decade. Great example of market behavior are these pictures, more examples can be found here on Brian's Revue site, or on his Twitter.

source: twitter @brianferoldi