According to TechFlow, on-chain analyst Aunt Ai analyzed the performance of Bitcoin during the Christmas and New Year holidays in the past five years. The amplitude was large during the period from December 20 to January 6, but except for 2020, the ups and downs were all within 10%. In 80% of the years, the currency price performed well in the two months after the holidays. If the bottom-picking period is narrowed to one week after New Year's Day, the possibility of profit is 60%. Looking at the performance of the Nasdaq index in the past five years, there were large fluctuations during the Christmas period but the overall rise and fall was small. After the holiday, the US stock market had little impact on Bitcoin. In summary, although the inflow and outflow of BTC ETFs affect the bull market, the Nasdaq index did not fall significantly during and after Christmas, and had little impact on cryptocurrencies. Bitcoin's performance is contrary to the "Christmas robbery" hypothesis.

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