Mood: The mood of the video appears to be vibrant and energetic, with a theme of celebration and revelry. The use of bright colors, particularly red and orange, and the sparkling outfits suggest a lively and festive atmosphere. The presence of the text 'HAPPY NEW YEAR' in the top-right corner reinforces this idea, implying that the video is related to a New Year's celebration or party.

Environment: The environment or setting of the video seems to be a stage or performance area, likely a nightclub or concert venue. The background is a warm, golden color with spotlights shining down, creating a sense of excitement and energy. The presence of a scaffolding structure behind the performers suggests a large, public performance space.