Currently (April 2025): Are we entering altcoin season?
BTC is sideways around the mark of 85,000 USD after a strong increase.
Some altcoins like LINK, ETH, SOL have started to recover quite well.
BTC Dominance is showing a slight downward trend.
=> Signs of the early altcoin season are forming, but it hasn't really "taken off" yet. It may take a few more weeks if BTC continues to move sideways or adjusts slightly.