Analysis circulating in the community suggested that “SOL/USDT has broken below the 77.19 support level,” shifting focus to a near-term inflection point. On the 8-hour chart, SOL was described as entering a symmetrical-triangle convergence zone around the low $74 area, with the 72.50 trend line frequently cited as the “last line of defense.” At the same time, Bitcoin discussions pointed to weakening demand in BlackRock’s ETF (IBIT) as a potential driver behind recent downside action, while observers noted that only certain altcoin sectors were showing relative strength. Meanwhile, Korean political/election-related issues (ballot shortages, an expected apology, reports of disturbances, etc.) rapidly spread across multiple channels, at times overwhelming crypto-focused discourse.
SOL after 77.19 breakdown: triangle squeeze; spotlight on 72.50–77.19
In the Bitcoin Bullets® channel, SOL/USDT was summarized as having broken below the 77.19 horizontal support, then compressing toward the apex of a symmetrical triangle formed by a downtrend resistance line (since February) and an uptrend support line based on February lows. The bullish scenario proposed that reclaiming 77.19 would invalidate the sell signal and open room for retests of downside resistance near 80.00 and 86.00. The bearish scenario suggested that a break below 72.50 could lead to tests of 67.00 and potentially February lows. Across the community, more posts framed the 72.50–77.19 “box” as the key zone to watch for the next directional decision.
IBIT flow slowdown cited: “BlackRock buying nearly absent” narrative spreads
In the Bulgaemi CRYPTO channel, users shared that they monitor BlackRock’s IBIT chart after the U.S. market opens, and some interpreted the recent decline as coinciding with “BlackRock dumping supply.” The phrase “IBIT buying is almost absent” spread, alongside concerns that weaker spot-ETF flows could reduce short-term rebound momentum. Rather than presenting a definitive conclusion, comments tended to emphasize watching for changes in “who is selling” and shifts in spot-demand conditions.
Altcoins framed as a “sector selection” market: Perp DEX, AI, RWA in focus
In Haedal’s Investment Info Sharing channel, posters categorized relatively strong altcoins despite BTC/ETH weakness, naming AI, DeFi, Perp DEX, and RWA as the stronger themes. Examples included HYPE, LIT, INJ, and JUP, with repeated reminders to observe which themes were leading. In Coin 같이투자 Info, users described the feel of an “alt market decoupled from BTC moves,” noting that volatility had expanded into mid-cap alts and characterizing the current phase as “a new taste of the market,” reinforcing the view that performance was fragmenting into theme- and name-specific moves rather than broad beta.
Macro and issue-driven chatter: FX concerns, USD strength, STRC ‘death spiral’ fears, compensation notice sharing
Posts reflecting unease about the exchange rate (KRW weakening) circulated along with short remarks like “the dollar is launching.” Another scenario-style thread explained the STRC structure (ex-dividend mechanics, the need to reach around $100, and the BTC purchase mechanism) and raised concerns about a potential “death spiral” if the price fails to reach its target level. Separately, the Junk-Picking Research Lab shared a practical summary of an edgeX first-round compensation plan (eligible time window/scope, per-person cap of 100,000 USDC, 50% USDC + 50% token payout, and application method), indicating demand for actionable updates.
Election ‘ballot shortage’ controversy spreads rapidly; crypto channels heat up
Across multiple channels, election-related breaking-style phrases spread in rapid succession, including ballot shortages, voting delays, reports tied to claims of pre-marked ballots and resulting complaints, and mentions of an “anticipated 9 p.m. national apology.” In the Crypto Judy channel, numerous posts listed affected locations and relayed on-the-ground confusion, with some adding Polymarket-related references, intensifying the sense of urgency. As reactions became heated—e.g., “this isn’t even on the news” and “how is this possible in an advanced democracy?”—the center of community discussion visibly shifted toward political and social issues over a short time window.
Overall, SOL’s 72.50–77.19 zone emerged as a near-term decision point, while in Bitcoin-related chatter a perceived slowdown in IBIT flows was discussed as one possible factor behind the drop. Altcoins were increasingly framed through selective sector leadership (Perp DEX/AI/RWA) rather than broad market co-movement. Simultaneously, the Korean election ballot-shortage controversy spread explosively and temporarily reshaped what dominated community attention. This content was produced based on Telegram messages collected using DataMaxiPlus community analytics technology.
![[KR KOL Index] Apr 22 | Top Trending Topics on Global & KR Timelines](https://advertise.tokenpost.kr/images/covers/KOL_INDEX_EN.webp)