If you are a short-term trader, even intraday, or even scalping, what you should analyze is the trend momentum of this moment, order distribution, and other related issues, rather than the price. The numbers on the price have no meaning; they are just a base for calculating the percentage of rise and fall.

If you are a long-term trader, even in larger cycles, or even value investing, you should analyze supply and demand relationships, valuation systems, historical cycles rather than the occasional fluctuations and noise.