OP Alt season has not started yet it is just pumps that we are facing these days because as we know Bitcoin ETF has been approved so the majority investors priority is Investing in Bitcoin and alt will fluctuate on their current prices even they will start bleeding in some days but when the market of Bitcoin showing us good movements alts prices will also grow up and it will put trust in investors mind so they will start to buy alts as well.
Yes, the euphoria following the ETF approval has flattened out, but this has mainly hurt Bitcoin so far. Most alts have remained stable. I assume that the Bitcoin price will move significantly upwards again towards halving, and with a bit of a gap (usually 2-3 months) the alts will then also follow suit more strongly and usher in the altseason.