It is and it might still continue to have a good run as bitcoin is still stable at $50k.. it dump below that price but it did not take long, it recovers again, and now that bitcoin again is going to bounce back to $60k, that makes altcoins more bullish again, overall we are in a bull market.
There is no need to worry about corrections made by bitcoin because the experience since last year has often occurred after ATH, there will be corrections. but it will not last long and will return to a price close to its ATH. bitcoin will do like a bouncing ball and will come back again even from the price when it fell.
the problem is usually the altcoins that cannot adjust and take a long time to recover when they have fallen.