if you look at 20 theories that were actually conmirmed this is the description for termina in majoras mask:
"The Legend of Zelda: Majora's Mask is a bizarre and creepy game with a setting that seems unreal. The land of Termina is so unreal that many fans refused to believe that everything was as it seemed. There are many fans who point to the musical references to
Link's Awakening in
Majora's Mask as proof for their theory that the game takes place in a dream. There are also many fans who believe that Link passed away at the end of
Ocarina of Time and was in Purgatory, with the different sections of the game representing the five stages of grief. There are also fans who believe that everything in
Majora's Mask should be taken at face value and that Link really did stop the moon from crashing into the planet.
Eiji Aonuma has officially shut down the two most famous theories, as he claimed that the music from
Link's Awakening was a
stylistic choice and nothing more, while the five stages of grief theory is
over-simplifying the events that happened in the game. It's possible that Aonuma may confirm some other wild theory someday, but for now, we should take him at his word and believe that Link really did save Termina from a terrible fate"
thats just what the website says (yes i copy and pasted im lazy)