Spurs lost ground in the title chase on Thursday as they drew 1-1 with rivals Chelsea at White Hart Lane. A win would have sent them five points clear of the Blues with a game in hand, but King was quick to remind the Spurs squad and fans that they have never had it so good in recent times.
King said: "I don't remember going into Christmas in such a good position, especially with the points tally that we've managed to get. It's been great so far."
Being captain, King was keen to send a message out to his players that complacency could cost them dear over the festive period as they prepare to take on Norwich, Swansea and West Brom.
But there is an inescapable optimism around the Spurs camp at the moment that stems from the strength in depth that manager Harry Redknapp has available.
The likes of William Gallas, Sandro, Jermain Defoe and Niko Kranjcar have had to settle for a place on the bench recently thanks to the excellent form of Younes Kaboul, Rafael van der Vaart and Scott Parker, who has been a revelation since signing in the summer.
King knows that expectations have risen at White Hart Lane after recent results, and admits there will be profound disappointment if the club do not achieve the top-four finish which escaped them last season.
"It's a tough league and we're not even halfway there yet," he added.
"We've really got to keep our form up for the rest of the season. It will be tough work, but we've got the players and the squad so we feel we can give it a good push.
"We would be disappointed if we didn't make the top four, definitely. With the squad that we've got here we feel we're more than capable of that."
Source: PA
Source: PA