The interest rate hike in the early morning of the 19th had a huge impact, and the long and short contract data changed dramatically.

Daily data: The data showed that a huge amount of long orders accumulated in the 62800-61200 range, reaching 1.486 billion, while the short data accumulated 730 million in 62800-64450.

The 7-day data height is consistent with the daily data, which means that this batch of long and short orders were opened after the announcement of the interest rate cut.

It is very likely that institutions will push the price down by $1,600 to 61200 and explode 1.486 billion long orders. The upward pressure position is at 64450 and explodes 730 million short orders.

If there is no major event affecting the contract harvest, for institutions, the most cost-effective is to drop to 61200 and harvest 1.486 billion long orders.