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Analyst: Bitcoin retreats to key support level, with institutional buying becoming a key variable. CryptoQuant analyst Axel Adler Jr. wrote that due to multiple macroeconomic headwinds, including weaker-than-expected non-farm payroll data (73,000 vs. 110,000 expected), the Federal Reserve's fifth consecutive on-hold policy and internal divisions, and escalating tariff tensions, global markets shifted to a "risk-off" mode. The S&P 500 and Nasdaq posted their worst performance since April, U.S. Treasury yields fell nearly 20 basis points, and gold saw inflows. 📱@Money📱Twitter