Start here. This is the direct spoken answer to practice first.
Overview
A baseline is the minimum evidence needed to detect impact, find the constrained boundary, and relate it to a change.
I expect request rate, error rate, and latency by normalized route and outcome, plus dependency latency and failures. The service also exposes JVM memory and garbage collection, CPU, thread and executor activity, database pool usage, and health state through Actuator and Micrometer. Structured logs and distributed traces share correlation so an operator can move from a symptom to representative requests.