What is a Santa Claus rally? 🎅
It’s typically a short-lived market surge that appears between Christmas and New Year. The idea is that holiday cheer, year-end bonuses, and tax adjustments drive up buying, fueling a quick pump 📈
🤑 It also happens in crypto because year-end excitement and extra funds can spark fresh investments. Some traders rebalance their holdings or finalize tax positions, occasionally triggering a short-term rally.
For beginners, remember that holiday sentiment can shift quickly. If you decide to jump in, set a clear budget and avoid risking more than you can lose 👨🏫
