Now he will face a much bigger opposition in Congress and therefore will have to find a middle ground.
I expect his policies to move even further to the right. This might pave the way for his vice-president Alckmin, a historical right-winger, to run in the 2030 elections — likely against São Paulo’s governor Tarcísio de Freitas, also a right-winger and considered more moderate than the Bolsonaros despite being associated with them.
(reposting my own comment from a related thread)
lula is a little less crazy (compared to bolsonaro), likely not anti-science, preserves the amazon, seems to care about keeping the same constituition and so on, but he heaves his hand when it comes to (mostly populist) spending, like there's no tomorrow.
he thinks he is helping the poor, but it is just for short term. so much public debt, in a few years everyone, rich or poor, will have pay the price, with interest. people that likes him usually say they don't like milei, but his incredible debt build up is actually a future-milei magnet.
also, after so much terms and "custo brazil" ("Brazilian (Business) Cost Burden"?) still prohibitive, the country never goes up from its terrible positions in making business rankings. one can just not hope he does anything better now after so much terms. his spending is too demand biased.
Also, nobody can beat Dilma on cutting taxes from the rich.