At what point do we start calling dozens of stocks down 20% a crash? And give it a name like dot com bubble, GFC, etc for this time period?

It came for the meme stocks, weed stocks, SPACs, penny stocks, small caps, midcaps, high multiple stocks. I didnt speak since I owned none in that category.

Now REITs, utilities, large cap stocks are tanking 20% from earnings or just the overall fear of Fed raising rates. People keep saying wait until the bubble pops but it feels like we are already in the middle of it. It just doesnt have a name like the other periods.