Happy New Year!

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Across
  1. 3. Ticking time until an anticipated moment.
  2. 5. Colorful sky bursts in celebrations.
  3. 6. Bubbly beverage often associated with celebrations.
  4. 7. A common tradition at the start of a new year
Down
  1. 1. Floating decorations often seen at celebrations
  2. 2. The first month of the year
  3. 3. Joyful toasts often accompanied by clinking glasses.
  4. 4. The transition from one day to the next
  5. 6. Festive paper bits often showered during joyous occasions