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)