ChainCatcher news, according to Jinshi reports, traders are flocking to a specific options bet, believing that the Federal Reserve will significantly cut interest rates by more than 25 basis points next month. Since the beginning of this month, there has been strong demand for overnight secured funding rate (SOFR) positions closely related to policy expectations. This week, traders have again increased their bets, with open contracts targeting a 50 basis point rate cut rising sharply. Despite a pullback in the short term, traders remain convinced that there will be a rate cut next month.