The Fifth Day of the Lunar New Year Welcoming the God of Wealth, How Will the Post-Holiday Market Move?

Today is the fifth day of the Lunar New Year, traditionally known as "Po Wu" (breaking the fifth), and also the day to welcome the God of Wealth. For those in the crypto world, this day not only signifies the end of the Spring Festival holiday but also marks the beginning of the post-holiday market trend.

Spring Festival Market Review: Hidden Insights in Calmness

Looking back over the past five days, the overall crypto market has maintained a volatile pattern. BTC hovers around $68,000, while ETH consolidates between $1,900 and $2,000. Trading volume has decreased compared to before the holiday, reflecting the holiday effect.

But beneath the calm surface, undercurrents are brewing. Discussions on Gate.io remain lively, with ongoing debates about ETH upgrades, RWA tracks, and Layer2 projects. Some users keenly note, “Post-holiday is often the start of a big move. If not now, then when?”

Fifth Day Welcoming the God of Wealth: Traditional Customs and Crypto Beliefs

Welcoming the God of Wealth is an important tradition during the Chinese New Year, symbolizing hopes for wealth in the new year. In the crypto world, this hope has taken on new meaning — not just making money, but also faith in technological innovation and industry development.

One user posted on the forum: “Today I’m welcoming the God of Wealth. I bought some ETH as a greeting gift for the God of Wealth.” The reply section was filled with “666,” and some even shared their “Welcoming the God of Wealth Portfolio Chart” — all mainstream coins, rejecting meme coins.

Post-Holiday Outlook: Focus on Three Major Variables

Looking ahead to the post-holiday market, three key variables deserve attention:

1. Macro Environment. The Federal Reserve’s policy moves and the US dollar trend will continue to influence risk assets.
2. Technical Factors. Whether ETH can hold above $2000 and BTC can break through $70,000 are critical signals.
3. Industry Dynamics. Progress in RWA tracks, the landing of Layer2 projects, and regulatory policy changes could all serve as market catalysts.

Final Words

The fifth day of welcoming the God of Wealth marks both an end and a beginning. The holiday is ending, and the market is approaching. May the God of Wealth visit your account, and may the Year of the Horse bring prosperity to crypto enthusiasts.

Good luck with your work, and prosperity is within reach! #我在Gate广场过新年 $GT ‌$ETH ‌$BTC ‌