The fees are already heading lower. I think 60-70 sat area got filled today. Most likely until the new year the mempool won’t have much pressure and we should get decent fees. But the problem is that after the holidays the fees will keep going higher as long as the ordinals are still bullish.

It’s crazy how you can look at Ethereum and see 20 gwei fees but you look at bitcoin and see 200 sat/btye fees. However I think most have adopted after 2017 and rarely use bitcoin for small transactions. Most use l2 these days or altcoins.