Taking a breather would have been fine if it felt like they were building up to something, but instead it felt like they lost all direction. 😟
The first batch of movies built to the Avengers, the next batch built to Thanos.
Even if you assume post Endgame was "The Multiverse" the number of properties that touched on it were minimal.
Phase 4 movies:
Black Widow - No Multiverse
Shang-Chi and the Legend of the Ten Rings - No Multiverse
Eternals - No Multiverse
Spider-Man: No Way Home - Multiverse!
Doctor Strange in the Multiverse of Madness - Multiverse!
Thor: Love and Thunder - No Multiverse
Black Panther: Wakanda Forever - No Multiverse
Phase 4 Disney+:
WandaVision - No Multiverse
The Falcon and the Winter Soldier - No Multiverse
Loki - Multiverse!
What If...? - Multiverse!
Hawkeye - No Multiverse
Moon Knight - No Multiverse
Ms. Marvel - No Multiverse
She-Hulk: Attorney at Law - No Multiverse
Werewolf by Night - No Multiverse
The Guardians of the Galaxy Holiday Special - No Multiverse
Phase 5 Movies:
Ant-Man and the Wasp: Quantumania - Multiverse!
Guardians of the Galaxy Vol. 3 - No Multiverse
The Marvels - No Multiverse
Deadpool & Wolverine - Multiverse!
Captain America: Brave New World - No Multiverse
Thunderbolts* - No Multiverse
Phase 5 Disney+:
Secret Invasion - No Multiverse
Loki Season 2 - Multiverse!
What If...? Season 2 - Multiverse!
Echo - No Multiverse
Agatha All Along - No Multiverse
Your Friendly Neighborhood
Spider-Man - No Multiverse
Daredevil: Born Again - No Multiverse
Ironheart - No Multiverse