No, it does not.
In the traditional stock market a trader does technical analysis while trading on a specific market for ex. For-ex NY(US), or stocks on NYSE.
A crypto-trader may do technical analysis while being on a specific exchange. However the crypto market is not a single market but a composition of all of the crypto-exchanges.
While the pricing may be close from one to another exchange, the buy/sell activity is different from one exchange to another.
That’s why in my work we collect and process information from a large number of exchanges.
