During the Christmas period, traditional markets are usually closed, providing a unique environment for the cryptocurrency market. Due to reduced trading volume and decreased liquidity, prices may experience significant fluctuations. However, historical data shows that a period after Christmas often sees what is known as the 'Santa Claus Rally', where the market experiences a short-term upward trend after the holiday.

Based on data from the past few years, the 'Santa Claus Market' has occurred 8 times in 10 years after Christmas, with Bitcoin and other cryptocurrencies having risen between 0.69% and 11.87% during this period.