Current situation and outlook
The Alps are currently caught between a low in the Mediterranean and a high with a core over the British Isles. The low pressure system can still suck in some cold air in the east and this will reach us in an easterly current, which will gradually die down in the coming days or turn to the SE towards the weekend. This means that it will gradually become milder, at least at higher altitudes, while it will remain very frosty in the valleys under the inversion. There is no precipitation in sight for the time being, at least in the Alps.
There are serious PowderAlerts in the southern mountains of Europe: Abruzzo in particular has been literally buried by fresh snow since Monday, but there has also been a lot of fresh snow in the Pyrenees in the last few days (see e.g. here). In the Pyrenees, the snowfall is now slowly coming to an end, but it is still continuing in central Italy, southern Spain and the mountains of the Balkan countries. If you want to have fun in a snowstorm over the next few days, you have a much better chance on some Mediterranean beaches than in the Alps.