According to the analysis of on-chain analyst Aunt Ai, the performance of bitcoin during the Christmas and New Year's Day holidays in the past five years was significantly larger during the 12.20-01.06 period, but the actual rise and fall were particularly severe except in 2020, and the other years were within 10%. In 80% of the years, the price performance of the currency in the next two months is quite good, and if the bottom fishing time is narrowed to the week after New Year's Day, there is still a 60% chance of profit. Looking at the performance of the Nasdaq index in the past five years, the Christmas period has been very volatile, but the overall rise and fall have not been large, so it can be speculated that US stocks will not have a major negative impact on Bitcoin after the holiday. To sum up, although this bull market was greatly affected by the inflow and outflow of BTC ETFs, the Nasdaq index did not decline significantly during the Christmas period or even after the end, which had little impact on crypto. The rise and fall performance of Bitcoin itself is even more contrary to the conjecture of "Christmas calamity".