Create a vibrant Happy New Year text effect that bursts with color and energy. Use a combination of bold, expressive typography with sparkling elements and dynamic gradients of blue, gold, and red. The background should feature a festive array of fireworks exploding in the night sky, casting a warm glow over the text. Add confetti gently falling around the words, accentuating the celebratory theme, and incorporate a subtle shine or glow effect around the letters to enhance the festive atmosphere.

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Create a vibrant Happy New Year text effect that bursts with color and energy. Use a combination of bold, expressive typography with sparkling elements and dynamic gradients of blue, gold, and red. The background should feature a festive array of fireworks exploding in the night sky, casting a warm glow over the text. Add confetti gently falling around the words, accentuating the celebratory theme, and incorporate a subtle shine or glow effect around the letters to enhance the festive atmosphere.