In Spring Boot 3.5.0 the ObservationAnnotationsEnabledCondition was removed. On the MetricsAspectsAutoConfiguration this annotation was removed and replaced by @ConditionalOnBooleanProperty("management.observations.annotations.enabled"). This is a breaking change since the earlier ObservationAnnotationsEnabledCondition also had the micrometer.observations.annotations.enabled as conditional property.
When I have micrometer.observations.annotations.enabled=true in my properties, the MetricsAspectsAutoConfiguration is no longer triggered. This is breaking change that needs to be mentioned in the release notes.