Take some time to sort out how the cryptocurrency prices performed during the Christmas period in previous years: Currently, I've only listed up to 2017, because before that, institutions hardly entered the market, and significant institutional entry happened during the last bull market.
I checked the approximate price fluctuations of Bitcoin from 2017 to 2023 (as shown in the chart).
Among them, 2022-2023 is a bear market, so the price hardly changed. 2021 was the end of the bull market, so it dropped. 2020 was the precursor to the bull market in 2021, so it rose. 2018-2019 saw a decline. 2017 was a major bull market, so prices rose after Christmas. Based on this pattern, it seems this time we can expect a rise after Christmas, as this bull market should resemble the beginning of 2023.