Bitcoin dominance has shut down the market for altcoins in this bull run. There are still investors who are running at loss that invested into shitcoins after they lunched in an exchange, the price will be pump and gradually dip down to a very low value. Those who bought these shitcoin during the hype will definitely run at loss when the dev dumps their bag. Altcoin investors are only hoping and dreaming for alt season which no one knows if it will come or not.
Altseason will come as once Bitcoin has hit around $150k, the millionaires and billionaires will want more and that's when they will take their Bitcoin profits and move into altcoins to make even more money.