I think there would be a correction, but it would likely be a minor one. I also agree that the seasonal cycles of pumps and dumps, would soon give way to a more matured and less volatile market; so rather than having a period of pump followed by a long retraction which lasts long with the market losing 50%+ of its value, we would experience a more balanced market with less volatility, a minor correction (<30%) would still most probably occur between spikes.


We would likely see a new ATH soon, but this is just the beginning of the rally, we're still not where we were in terms of popularity and hype last time the price was in a similar range, so this value is not yet exciting majority and big fomo is yet to occur. The next really could last between 6 - 8 months.
This is not investment advice. Do your own research