We won't see alt season again in short term. Reason? Too many alts supplied to the market, and people are not taking it seriously these days. I see less people have initiative to cv their bitcoin to the alts. The market dynamic is totally changed, and we're heading to the era where people keep their bitcoin for long term projection.
Not to gamble their bitcoin through exchange it to the alts. Not being skeptical to the market, but this is what happening to the market right now. Things worsen with how ETF also contributed a lot in killing alts hype.
People don't bitcoin directly from the market, but going through ETF.
There are huge number of Alts in the market that have almost infinite supply of coins. Moreover investor trust has been shattered mainly beacue of alts that proved to be scam or are abandoned by founders once they gathered the necessary funds. If there is an Alt season, then probably top 10 or 20 Alts listed on coinmarketcap.com might go up. I don't think all alts have the capability to go up incase of an Alt season.