Market analysis is an evaluation of a specific financial instrument, stock or in our case, the crypto markets. It can be applied to a specific cryptocurrency, some initial token offerings (ICOs), or even the whole crypto market in aggregated form.
There are two types of analysis that are based on financial markets, which are fundamental and technical analysis. They both serve as tools so that investors and traders can make purchasing and selling decisions of some cryptocurrency. By analyzing and evaluating historical data, financial flows, and price movements, investors try to gain market advantage and ultimately profit from the acquired knowledge.