The bear season is not over but we will get to a time when even if the bear season appears, it will no longer take a long time as it literally does in the past. Since 2023, the market has remained bullish till now which is approaching 2 years of continuous bullish trends so it is to show that the bear is fading away gradually. The bulls are very confident that the market will keep up with the bullish trends and not encounter a bear probably till the end of 2025.
New ATH wasn't reached - I don't see the bear coming too.
There are also no events on the broader markets to be a long-term factor for our space to crumble under the bear..