Do we say "People are cheering" to express people lift up their glasses to drink?

Question

cheers (exclamation): ​a word that people say to each other as they lift up their glasses to drink

cheers is an exclamation, but

can we use it to express people lift up their glasses to drink?

For example, "People are cheering"?

Answer 1

No, the correct expression would be "people are toasting", or, more likely, "people are making a toast".