Even in a bear market, blockchain gaming is the way of the future. I believe that games like Axie Infinity and others will continue to thrive because many people are already making a living from blockchain games, and the adoption rate will never slow down.
Personally, I don't think that this is the case.
There are obviously usage cases for NFTs and blockchains in the gaming industry, in particular in the P2E space.
However, it is simply not going to stop growing. Even the traditional gaming industry has experienced declines in growth given that people have essentially topped out all of their gaming activities during the COVID lockdown and it is very unlikely that there will be a further upsurge in the people playing these games.