Nino 1+2 has stagnated above +2C for months now. It’s very likely to continue for another few months, the models have it remaining stagnated, holding above +2C right through February. While it definitely has peaked and is not going to +3C again, it’s unlikely to drop below +2C for any length of time into February. In fact, it’s going through some warming again right now https://cyclonicwx.com/data/sst/crw_ssta_graph_nino12.png