[Bitunix Analyst: BTC Short-Term Focus on $88,000 Resistance Level] The U.S. November ISM Manufacturing PMI came in at 48.2, marking nine consecutive months in contraction territory, failing to meet market expectations for a recovery. This has heightened concerns about a recession and economic uncertainty. Meanwhile, Trump's internal arrangements are accelerating, and the 'shadow effect' of the new Federal Reserve Chair is emerging. The market is expressing concerns over the chaotic state of forward guidance on monetary policy, which may trigger fluctuations in the dollar and interest rate expectations. Under the influence of macroeconomic and policy factors, BTC rebounded to around $87,000 last night but remains in a weak recovery phase overall. In the short term, attention should be paid to whether it can break through the $88,000 resistance level. If it fails to hold, it may retest the $85,000 support level. Current liquidity hotspots are concentrated on short liquidations at $88,000, as well as long liquidations at $85,500 and $83,800, indicating high short-term volatility risks. Bitunix analysts stated that the uncertainty of U.S. monetary policy and the unclear inflation trajectory could lead to repricing pressure in the market. The short-term direction of BTC depends on the interaction between liquidation density and macro sentiment. It is recommended to monitor capital flows, the resurgence of volatility, and the consistency of policy signals.