Will alt-coin season ever come?

This is me patiently watching btc hit ATH before the halving thinking it would reflect on alts.

Rarely any alts have hit ATHs sans newer ones in price discovery.

Am I just missing these runs because I picked wrong or have we simply not seen alt season yet?

You’d think even ETH would’ve hit a new ATH by now.

Obviously, ETFs had a major impact on btc & those people are NOT using their gains to redistribute. That only happens when real retail enters the room.

My worry is that there’s a huge psychological barrier for retail who got too burned last cycle and see a btc creeping towards 100k and can’t imagine it’s going any higher and will stay away (because they don’t fully understand).

I’m feeling bearish here. Someone please convince me why we’ll have another alt season, and that this cycle won’t only be BTC and ETH crushing.