**[Analyst: The Sell-off Starting with Gold May Be "Contagious"]** Deep Tide TechFlow reports, on February 6, analyst Jeremy Boulton stated that the sudden drop in gold prices, which quickly spread to other metals, could trigger a chain reaction. Investors may choose to take profits or even sell other fundamentally strong assets to cover losing positions. Currently, there are significant unrealized gains waiting to be realized in the market. Apart from AI-related stocks, the overall stock market remains robust. In the forex market, investors who have profited from the carry trade frenzy over the past year by investing in high-risk, high-yield currencies have also seen substantial gains. Although such bets carry higher risks, the returns have been extremely lucrative, as is the case with investments in the stock market and the euro. During the trade war, the euro appreciated significantly, even reinforcing its market perception as "safer than the global reserve currency." When gold prices fell, the EUR/USD exchange rate also declined in tandem, prompting traders to take profits. Although the crowded nature of EUR/USD long positions is not as extreme as that of gold, signs of overbought conditions have emerged during its climb past 1.20. Data from the CME Group shows that the $20 billion in long positions betting on the euro's rise has surpassed any other currency pair. As risk-off sentiment intensifies, the previously sold-off U.S. dollar is being repurchased, providing traders with a reason to take profits. (Jin10)