According to ChainCatcher news and cryptocurrency analyst Miles Deutscher's analysis on social platforms, altcoin season will not be like in 2021 because:
The loose conditions of 2021 were an extreme anomaly.
A surge in the number of new launch projects and the dilution of altcoins.
This does not mean it won't prosper like before (it might even prosper more), just that the methods will be different:
Not all altcoins will rise simultaneously anymore, but there will be larger yet more limited rotations (e.g., AI and meme coins).
Liquidity will gradually flow in, rather than spiking sharply as it did during the 2021 stimulus period.
Strong ETF liquidity has reduced the impact of Bitcoin (BTC) rising on liquidity flows (now more psychological than actual).
The market will shift more towards a trader's market, as the strategy of 'holding a lot of coins waiting for a rise' will no longer be as effective as before.
There are still huge opportunities in this field, but you need to adjust your trading/investment style according to the current market conditions.