"Alt season" will never look like 2021 again, due to:

• Easing conditions being an extreme anomaly in 2021

• The abundance of new launches + altcoin dilution

Now that doesn't mean it won't be as big (if not bigger), just in different ways:

• Instead of every altcoin going vertical at once, bigger, but more confined rotations will occur (i.e. AI & memes)

• Liquidity will gradually flow in as opposed to the sharp spike we saw in the 2021 stimulus days

• Strong ETF flows have diminished the impact $BTC pumps have on liquidity flow (it's more psychological than tangible now)

• It becomes more of a traders' market as the "hold a bunch of coins and wait for the pump" strategy won't be as effective

Still ridiculous amounts of opportunity in this space, just be realistic in terms of your expectations - and adjust your trading/investing style based on current conditions.