I think for BTC it doesn't really matter too much, but for alts we might not see the kind of returns everyone's expecting.
ahem
We cant compare some of the past outcome on market price and cryptocurrency entire networks as of the to what we are having now, it more better and appropriate if we can deal which each stages base of the economic conditions on ground, even though there is more to expect from the market this season and beyond, any little challenges felt from the economic and financial circumstance may not by this time have much impact on the value of the cryptos as we had during the covid years back.
I have a theory that retail may not ape in this cycle as much as they did in the last one.
Last bull run we had covid boredom (people sat at home with nothing to do) + a LOT of stimulus = a lot of new money flowing into crypto, especially alts.