Today (April 9), the crypto circle has gone viral! Bitcoin is firmly holding around $71,000 (currently around the $71,200-$71,300 range), with slight fluctuations in 24h but no collapse at all. Although the Fear & Greed Index is still at an Extreme Fear low (in the 9-17 range), market sentiment remains cautious, yet BTC has demonstrated strong resilience, not collapsing with the panic.
At the same time, the NYT has revealed a heavyweight report: the identity of Bitcoin's creator Satoshi Nakamoto may have been uncovered (pointing to cryptography expert Adam Back), #SatoshiIdentity this topic took off directly in Binance Square, and the most discussed question is, "Is the 17-year mystery finally going to be solved?" + "How can BTC remain so stable under extreme fear, what is the reason?"
Why is today's combination of 'Fear vs Resilience + Satoshi's Revelations' so critical?
Recently, geopolitical and security events have brought emotions to a freezing point, yet Bitcoin has maintained a critical position. Today, as soon as the NYT news broke, it instantly ignited memories and discussions in the old coin circle; many brothers and sisters are saying, 'No matter who the founder is, the decentralized spirit of Bitcoin has deeply taken root in people's hearts.' Our most intuitive feeling as regular players is that the holding mentality has been reminded: short-term emotional fluctuations are large, but in the long run, Bitcoin's foundation is becoming increasingly solid.
My personal opinion: this wave is not the start of a bull market, but rather the market is slowly repairing resilience amid extreme fear. If there is indeed new progress regarding Satoshi's identity, it will further push Bitcoin into the mainstream view; there may still be fluctuations in the short term, but the confidence of institutions and long-term holders has not actually broken.
Brothers and sisters in the square, I want to ask everyone (today's key question):
NYT reveals Satoshi's possible identity; was your first reaction shock or did you already guess it?
Bitcoin is currently around 71k; has your holding mentality stabilized? Or are you still observing?
With the Extreme Fear index so low, do you think it's a bottom signal or does it need to continue to correct?
Today#SatoshiIdentity
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