If you end up with higher and higher bitcoin, then it is not "alt" season because bitcoin is increasing as well, that makes it a whole crypto bull run. The moment bitcoin stops going up but others keep on going up, that will be alt season.
Yeah, if you’re holding since the market dropped to $30,000 then there is nothing bad if you continue holding till now. The market has been going up. You can see that bitcoin was at $37,000 and has moved to $40,000 now. Just like that it is likely going to continue increasing in price and reach another high price, and that’s the same thing with altcoins right now.
Check out coins like Ethereum and Tron, Binance Coin, and some others have all been increasing in value. But I can’t say for sure how long we are going to be seeing this increase, it might also be one of those short bullish moments that the market goes through from time to time, and not a major bull move.