BTC Spring Festival "Red Envelope Market," can it be recreated this year?

BTC-0,6%

Looking back at the past years’ Spring Festival market trends, Bitcoin has almost “always risen during the Spring Festival”—from 2015 to 2024, recording positive returns for 10 consecutive years, with gains ranging from 0.8% to 19.5%.

The only exception occurred in 2025: during the Spring Festival, Bitcoin dropped from $74,800 to $71,200, a decline of -4.8%, breaking the ten-year upward trend for the first time.

Now, as we enter the 2026 Spring Festival market window, Bitcoin is currently around $67,000:

Will this year continue the inertia of “rising every Spring Festival for ten years”?

Or will it replicate the downward trend of 2025?

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cryptocurrency panic index drops to 10, hitting an all-time extreme. Is the BTC market approaching a bottom signal?

Cryptocurrency Fear and Greed Index drops to 10, indicating extreme market panic and weakened investor confidence. Market volatility increases, macroeconomic pressures and negative public opinion drive panic higher. Although historically, low levels of this index often signal market bottoms, if macroeconomic conditions worsen, crypto assets may still face downward pressure.

GateNews12m ago

South Korea Urgently Reviews Management of Seized Crypto Assets: 22 BTC Lost and 620,000 BTC System Misrecorded Trigger Regulatory Upgrades

The Korean government is reevaluating the management of seized crypto assets to strengthen security measures and prevent errors. This review stems from incidents such as police losing Bitcoin and large platforms making accounting errors, revealing regulatory gaps. Plans include enhancing multi-signature management and technical audits to improve digital asset security.

GateNews19m ago

The swing whale "pension-usdt.eth" has entered the market again to go long on BTC, increasing holdings by tens of millions in a short period.

BlockBeats News reports that on March 2nd, the address "pension-usdt.eth" continued building a 3x leveraged BTC long position at approximately $65,691 BTC. The current position size is 291 BTC, with an expected final total of 1,000 BTC. This address has profited from swing trading, with cumulative gains exceeding $20 million since October of last year.

GateNews27m ago

The largest BTC long position was liquidated 24 times within 24 hours, and the long bets on the Hamaneyah assassination node predicted the end of the war.

The largest long address for BTC (0xdf1) was liquidated 24 times in the past 24 hours, with a total value of approximately $3.9 million. The account balance dropped from $2.66 million to $140,000, a decline of over 94.7%. This address previously held a leveraged position with 40x leverage on long BTC, funded by unrealized gains from SOL longs, significantly increasing the risk of liquidation.

GateNews42m ago

Analysis: The bears are not enough to quickly "break 6 and see 5" for BTC. The $64,500 support will be reaffirmed after the US stock market opens.

Bitcoin analyst Murphy pointed out that when the price approaches the historical average turnover cost of $64,500, market sentiment reaches a limit. Recently, Bitcoin has repeatedly fallen below this cost line but quickly rebounded, indicating strong bullish resistance. As the focus shifts from US-Iran geopolitical conflicts, it is expected to have a significant impact on crude oil prices, and in the short term, the bearish forces are insufficient to quickly push prices down.

GateNews57m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)