Good news: AD (89 seats) + IL (9 seats) do not have majority (>= 116 seats). Moreover, PS and Chega together (58+58 = 116 seats) can block legislations.
Bad news: AD + Chega (89 + 58 seats) together have more than enough votes to screw us if they can agree on something. Both AD and Chega have won significant votes from the left in this election (AD: increase from 80 to 89 seats; Chega: increase from 50 to 58 seats), so both will feel emboldened. To make the matters worse, looking at the rise of Chega (12 seats in 2022; 50 seats in 2024; now 58 seats in a tie with PS as second largest party), AD might even feel compelled to deliver on its campaign promises regarding passing stricter citizenship laws.
Good news for GV holders who applied in 2020/2021: It will take the government time to pass legislations. If your naturalisation application is submitted before any amended Nationality Law comes into effect, you are probably grandfathered.