#“圣诞老人行情”再现

　1. There are fewer instances of market trends before Christmas and the increase is limited: The crypto market has seen the occurrence of 'Santa Claus rally' less frequently in the week before Christmas, happening only 5 times in the past decade, with an increase ranging from 0.15% to 11.56%.

　　2. Market corrections in specific years: Before Christmas in 2017, the crypto market experienced the largest correction, dropping by 12.12%, which was due to the price crash following the ICO boom that year. The corrections before Christmas in other years were smaller. The market also corrected after Christmas in 2021 and 2022, with declines of 5.30% and 1.90% respectively.

　　3. A few years had market trends both before and after Christmas: In the past decade, only 2016, 2018, and 2023 experienced 'Santa Claus rallies' both before and after Christmas. Before Christmas in 2016, the total market capitalization of the crypto market increased by 11.56%, and after Christmas, it rose by 10.56%; although the market was in a correction throughout 2018, there were mild increases of 1.31% and 4.53% before and after Christmas respectively; in 2023, under the backdrop of a bear market recovery, there was a rise of 4.05% before Christmas and 3.64% after Christmas.

　　4. December market performance is extreme: In contrast, the overall performance of the crypto market in December is more extreme. In the past decade, there were five years when the market overall grew between 16.08% and 94.19% in December, while in the other five years of correction, the decline ranged from 1.73% to 15.56%. Overall, the 'Santa Claus rally' in the crypto market is unstable, with significant performance differences, making it hard to predict.