I originally thought that the rise of the pancake was already quite strong, but who knew that the increase in contract open interest was even more vigorous. Ever since the victory of the understanding king, the contract open interest has been continuously increasing. The long and short positions have been very stalemated. If we look only at the rates, the long positions account for a large proportion, but from the liquidation map, there are also many short positions. On a single day, the number of short positions opened is much higher than that of long positions, and it only needs to reach the position of 94,500 for a large number of long positions to be liquidated.

The situation of double kills for both long and short positions has already formed, and I am hesitant to open a position. Let's wait for tomorrow's trend.