This is exactly what happened before the 2021 bull market.
At first, everyone lost hope in alt season, believing altcoins would never make a move. Bitcoin dominated the spotlight—until January 6, 2021.
This time, as of December 10, 2024, sentiment was overwhelmingly bullish. To shake that confidence, the market needed at least two months of correction. Looking back at 2020, a similar pattern played out—September and October were bullish, but November and December dampened sentiment before the bull run took off.
History doesn’t always repeat itself exactly, but it often rhymes. If market cycles stay consistent, the next bull run could begin by late February or early March. I could be wrong, but time and seasons have a way of aligning.
