Where is it snowing? It will probably only reach alarming amounts of 30 cm or more from Monte Rosa to Adamello or just east of it. Whether the zone will also make it as far as the Ortler area or the Dolomites is doubtful.
The wind will be relatively relaxed, apart from a brief sign of life tonight, so that it may be a case of quite cold temperatures and a snow line below 800 to 1000 m: blowers on a soft base, with "normal" avalanche danger without weak layers anywhere in the snowpack. That means: more fun in Ullr's frozen kingdom.
Nevertheless, even with a favorable build-up of snowpack in the south and less wind: always read bulletins before setting off.
The amounts: Everywhere in the south from the Lake Alps to Slovenia there will be some flakes here and there, but only from Monte Rosa to the Adamello area will there be more than powder cosmetics. As the whole thing is not pushed in so hard, the volumes only apply to the immediate reservoir, other areas such as the Upper Engadine are more likely to get the main ridge volumes.