What matters to the market first and foremost is Bitcoin and since it is performing well even with its current price ranging between $78-94K, there is no reason to be afraid at the moment unless the price drops below $70C.
As for Altcoin, its movement will definitely follow the movement of Bitcoin, it will remain in a sideways movement until we see a significant rise in Bitcoin and exceeding the previous peak, at that time we can expect the beginning of the Altcoin season.
In any case, the market is not stable so far and we are waiting and watching.