VALR Blog
How Does Chinese New Year Affect Cryptocurrency?
The Chinese New Year often impacts the cryptocurrency market with pre-holiday selloffs, reduced trading activity, and post-festival recoveries, making it a key period for traders to watch.
春节期间,市场往往经历明显的波动,包括假期前的抛售现象、交易活动的减弱,以及节后价格的回升。这使得这个时期成为交易者密切关注的关键节点。
The Chinese New Year often impacts the cryptocurrency market with pre-holiday selloffs, reduced trading activity, and post-festival recoveries, making it a key period for traders to watch.