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Zippy6 said:

They wouldn't explode but they should release asap. Switch is going to decline fast now and interest in Nintendo will fall if they don't release something new. You should release a new system while you still have some momentum. Not milk the old system until interest completely dies.

Well, so far, Nintendo doesn't have a big title announced for Switch in 2024. We have Paper Mario TTYD Remaster, Princess Peach Showtime, and I don't think Metroid Prime 4 will release anytime soon.

Like you said, Switch 1 is going to decline. Either Nintendo will come with a Direct in the upcoming months to fill up the 2024 calendar for Switch 1, or they will announce the successor for later this year and let Switch 1 slowly walk away.

That's what I believe, at least.