Without seeing the chart you are referring to, OP. All we can say are pure speculations and wonderings. But what I can say is that we can never expect the past bear season to be the same as the coming bear market. The same thing with the ATH.

If we see the price of Bitcoin go down $40k before, most likely it will not happen again. What we called a bull season in the past year seems to be our bearish price now.

Why? The demand is increasing for some reasons, pushing the price to move higher as well.