Matrixport: During the Spring Festival, the probability of Bitcoin rising reaches 83%, with an average increase of over 21%.

Data from Matrixport shows that over the past 12 years, Bitcoin has achieved positive returns during the Chinese New Year in 11 of those years, with a probability of increase at 83%. This seasonal trend is considered one of the most consistent events in Bitcoin's history. Statistics indicate that the average increase of Bitcoin during the Chinese New Year exceeds 21%, with growth of 26% and 23% in the past two years respectively. Analysis points out that this phenomenon is closely related to the network effects during the Spring Festival. As user attention towards Bitcoin increases, buying demand quickly drives up prices. Additionally, technical indicators show that Bitcoin is currently in a complex state of oversold and overbought forces, while macroeconomic factors such as liquidity tightening and Federal Reserve policies also bring certain pressures. However, expectations for the U.S. to establish Bitcoin reserves and support cryptocurrency policies provide potential benefits. With the approach of the Chinese New Year on January 29, this period is seen as the most favorable 20-day window for Bitcoin trading, potentially offering more profit opportunities for the market.