#加密市场盘整 The so-called Christmas market refers to the phenomenon that the total market value of cryptocurrencies will rise around Christmas. From a theoretical analysis, the reason for this phenomenon is the regular changes in capital inflows and outflows. On the one hand, when the New Year's Day comes, most investors will realize profits or a few will clear profits, and the selling is relatively obvious; on the other hand, due to the risk aversion sentiment during the holidays, funds will also be out of the market for rest, and buying will also shrink, waiting for the expectations of the next year. Combining the two aspects, before Christmas, the crypto market usually has a slight correction, and after the holiday, funds will flow back to push up prices.