to Do Fundamental Analysis of the Crypto Market
1. Check the Market Narrative
What sectors are hot? (AI tokens, L2s, meme coins, etc.)
What’s trending on Binance, Twitter, CoinMarketCap?
2. Look at Macro Conditions
Is Bitcoin in an uptrend or downtrend?
What are the global interest rates, inflation, or economic events?
3. Evaluate On-Chain Data
Use tools like Glassnode, DefiLlama, or Token Terminal
Look at metrics like:
Active addresses
Transaction volume
TVL (Total Value Locked)
4. Check Exchange Data
Is there buying pressure (more deposits) or selling pressure (more withdrawals)?
How are funding rates? (high = overbought market)
5. Understand Community Sentiment
What are top analysts or influencers saying?
Are people bullish or fearful? (You can use Fear & Greed Index)
6. Analyze Volume + Liquidity
Is trading volume increasing or declining?
Are whales accumulating or dumping?
