#“圣诞老人行情”再现
1. Christmas market performance is less frequent and limited before the festival: The crypto market has seen the 'Santa Claus rally' occur infrequently in the week leading up to 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%, due to the price crash following the ICO boom that year. Other years have seen smaller corrections before Christmas. The market also corrected after Christmas in 2021 and 2022, with declines of 5.30% and 1.90%, respectively.
3. A few years have rallies both before and after Christmas: In the past decade, only 2016, 2018, and 2023 saw 'Santa Claus rallies' both before and after Christmas. Before Christmas in 2016, the total market cap of the crypto market increased by 11.56%, and rose by 10.56% after Christmas; in 2018, although the market was under correction throughout the year, there were moderate increases of 1.31% and 4.53% before and after Christmas, respectively; in 2023, against the backdrop of a bear market recovery, the market rose by 4.05% before Christmas and 3.64% after.
4. December market performance is extreme: In comparison, the overall performance of the crypto market in December is more extreme. In the past decade, there were five years where the market grew between 16.08% and 94.19% throughout December, while in the other five years, the corrections ranged from 1.73% to 15.56%. Overall, the 'Santa Claus rally' in the crypto market is unstable, with significant performance differences, making it difficult to predict.