I kinda disagree. In my opinion, we will see an ever more aggressive Alt Season.
Your point makes sense, but you have to consider that people who got burned are just a super small minority of the world. The boom is about to happen and if some got burned during the bear market, now there will be a lot of new blood coming into the crypto world. And this will drive the prices crazy, as usual, with speculation and irrational price movements, but it´is the process a new technology has to go through.