Mood: The mood of the video appears to be energetic and celebratory, with a theme of new beginnings and festivities. The title 'HAPPY NEW YEAR' suggests a connection to the joy and excitement associated with welcoming a new year. The overall aesthetic and the presence of multiple individuals in dynamic poses imply a lively and vibrant atmosphere.

Environment: The setting seems to be a nighttime urban or festival environment, likely in a city with a mix of modern and celebratory elements. The background features a cityscape with bright lights and a building that could be a part of a larger festival or celebration area. The presence of stage lights and a dynamic color scheme suggests an event or performance setting.