Bitcoin's Brief Boost: Is It Just a Short-Term Jump?

Bitcoin has recently hit $88, 000, but experts warn it might not be a big deal. The problem? Not enough new buyers are jumping in. Instead, the same money keeps moving around, making the market feel stuck. Think about it like a game of musical chairs. If no new players join, the game can't keep growing. Right now, Bitcoin is in a similar situation. More people are selling their long-held coins, adding to the supply. But demand isn't keeping up, which could lead to a price drop.Ethereum, on the other hand, is doing a bit better. There's less of it available for sale right now, so even a small increase in demand could push the price up. Some traders believe that if Bitcoin can break through $88, 000, it could gain momentum and help Ethereum too. But others aren't so sure. They think the market might just be stuck in a rut, with short-term jumps that don't last. So, is Bitcoin's recent boost just a short-term jump? It's hard to say. But one thing is clear: without new buyers, the market might struggle to grow.