Show: Cardcaptor Sakura

Sakura goes to a New Year's festival and notices that Yukito isn't around. Toya goes to check on him, discovering that he has not only collapsed from fatigue, but he's also beginning to fade from existence since Sakura's power, despite how strong it has become, is not enough to sustain Yue. Later at the festival, she receives a fortune from Eriol which he secretly made and enchanted, saying that she will begin to learn the "truth" in her "first dream of the year." That night, Sakura transforms the Dream card in her sleep and has a dream of the sky being blanketed by darkness emanating over Tsukimine Shrine, where she sees the silhouettes of Eriol, Spinel Sun, and Ruby Moon. When Sakura awakens to realize what she's done, she and Kero begin to suspect that they will meet the three silhouetted figures very soon.

Kero is almost positive that Toya knows everything about Sakura's secret, though Sakura dismisses his claims, saying Toya would make fun of her if he did. Toya, meanwhile, is certain that Nakuru is deliberately interrupting him while he tries to tell Yukito the truth about why he is always feeling fatigued. The two make plans to buy a Christmas present for their father, though Sakura senses Clow Reed's presence again.

Remembering his promise to Meiling that he would be her "fiancé" until he found someone he loved more, Syaoran calls her to tell her that he is in love with Sakura, though he is taken by surprise when Meiling arrives in Tomoeda for the day. While Meiling spends the day with her old friends, the group is attacked by a set of enchanted penguin statues at the playground.

Sakura grows in magical strength and power for every Clow Card she transforms into a Sakura Card, while Yue's energy begins to falter. Yue also comes to the realization that Eriol is in fact Clow Reed and transforms in front of him. However, Eriol makes Yukito faint and erases his memory of him ever realizing who Eriol truly is; Clow Reed, since he is not yet ready to reveal himself and also reverses Yue's transformation back into Yukito. Syaoran, in the meantime, has fully realized his strong romantic feelings for Sakura and consults with Tomoyo, who helps him deal with his jealousy towards Eriol and gives him the confidence (just barely, though) to speak his mind to the oblivious Sakura. Before he can do so, however, both he and Sakura sense Clow Reed's presence once again, this time in the form of a basketball that leads them through the school at night.