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The main reasons why it is difficult for a major altcoin market to appear again are twofold:
1. The pressure of unlocking alts continues to be immense, with large-scale releases of alts occurring almost every week;
2. This round of the bull market has reached its final stage, and the new narratives that can be speculated on have basically been exhausted, lacking new narratives.
However, altcoins may still create some local opportunities:
Real yield coins (AAVE, MKR)
alts ETF (SOL, XRP, DOGE, LTC, DOT)
The coin-stock linkage of alts (represented by SOL)