Bitcoin Cycles and the Fear & Greed Index

As seen in the chart, during the current cycle, the Fear & Greed Index entered the green (greed) zone well before the halving event took place. In contrast, during the 2020 cycle, Bitcoin only began to react meaningfully around seven months after the halving.

This raises an important question:
Has the Bitcoin bull market shifted to start and end earlier than in previous cycles—potentially meaning we’re now witnessing the end of the bull market? Or is this just a mid-cycle correction within an ongoing bull run?