There are already signs that the narrative class is trying to walk back some of the excesses of woke. The latest round of US elections seems to have been a bit of a wake-up call in that respect - people are starting to get on board with the revolutionary notion that you can't win elections while declaring war on the electorate. New York elected a cop, Virginia elected a Republican who "shouldn't have" won, New Jersey nearly did the same, and minorities are getting so disgusted with Democrats that they're staying home from the polls, or actually defecting to the Orange Man Party.
Check the op-eds in the NY Times (my favorite barometer of elite opinion) and you'll see mild dissenters from woke orthodoxy starting to get a platform again. I think what we're headed toward is a period of retrenchment and consolidation of gains for left far-extremism, as the people in power shift their focus back to keeping themselves in power. The public faces of the movement will either tone things down (see the domestication of AOC for example) or find themselves frozen out of the media.
That's not to say that we're going to see a rollback of woke, for the most part. Apart from the most serious blunders like "defund the police", the Current Year will remain current. But I suspect this is the highwater mark of the movement for now, and we're not going to see as aggressive growth in the near term.