BTC spot CVD chart: April 8, 12:00 a.m. UTC

This analysis explains the Spot Cumulative Volume Delta (CVD) chart for the BTC/USDT spot pair. The top section shows the Volume Heatmap, and the bottom section displays the CVD. - The Volume Heatmap at the top tracks trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or moves significantly. These brighter areas can potentially act as support or resistance. - The CVD indicator at the bottom represents buy and sell orders categorized by size. As buy orders increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line represents large orders from $1 million to $10 million.