/biz/ - Business & Finance

Trading crypto noob here.
AM staring to develop an interest in crypto and have been watching quite a few videos on the aspects of technical analysis. I also have some coins in blockfolio to keep an eye on to get a feel of things. Now my main confusion with technical analysis is, that is kinda treats a coin as an stand alone entity and that you need to analyze 'its' behavior. But the trend I see in the coins keep an eye on (btc, matic, dot, ada, xmr, zil, qsp) is that there does not really seem to be individual behavior. I open the app and I see them all in red, next day or some other time later they are all in green, or all even further down. But they pretty much always move together. Does that not invalidate the whole concept of technical analysis on a per coin base?

How you guys see/handle this?