This is my opinion.
It's getting competitive actually, but it will normalize. At least till April next year.
French results do not come out immediately like IELTS and it's not very easy to learn. At least to max it, you will use another 6 months, so it is not the case that bilingual candidates will be entering the pool every week. I think PNP candidates are also much, as 600+ scores are almost 1000. The French people and PNP have been cleared out.
With 2448 candidates left in the pool, let's round it off to 2500. By next Wednesday, we can't have more than 2000 that will enter the pool with 471+, since an average of 4000 enters every two weeks. This is almost Friday already.
So if there's a draw again next week, the cut off will be 471, at worst 472.
If there's no draw next week, 4500 max candidates will join before the next draw on 17th, so the cut off will be around 475-476. 471+ will have to wait till December b2b then.
One thing that's certain is that they will try and normalize the curve. That's d essence of today's draw. They are also careful of the trends. They won't want a sudden hike.
To be honest, it looks very bleak for 469 downwards. I also think in the next 6 months, say June July next year, the cut off will hover around 480 as the fruits of French learning will start to manifest then.
Just my opinion.