We don't easily conclude it, altcoins season is still possible to happen. The scheme may be not the same as in the past, altcoins season may have a new scheme. However, even we have no altcoins season, there are already some altcoins increasing high.
Of course, I also believe we still can have altcoins season. We are crypto enthusiasts, we must be confident!
BNB, TON, and SOL have reached their new ATH. We are waiting for ETH to reach its ATH. I think the new ATH of Ethereum may trigger the new altcoins season.
But I agree that if Bitcoin keep decreasing a lot, it is getting hard for altcoins to skyrockets. In this way, it is unlikely to have altcoins season in the near future.
It is normal that Bitcoin is declining after it increased quite high. We just need to be patient to wait for the next rebound. Bitcoin needs time for corrections and sideways. It will increase again gradually in the next few months.