On-chain analysis is a form of market analysis that primarily emerged with blockchain technology.

Quite different from traditional technical analysis, this analysis studies transaction data directly on the public blockchain.

In short, analysts track valuable information such as the flow of cryptocurrencies to and from exchanges, the activity of large investors, and the number of active wallets.

Data like this provides a broad, transparent, and real-time view of supply and demand in the market, allowing traders to understand market sentiment before it is reflected in price charts, making them more informed in each of their buying or selling actions.