BTC/USDT spot CVD chart at 5:00 a.m. UTC

The Spot CVD chart analyzes the order book for the BTC/USDT spot trading pair. The top section shows a volume heatmap, while the bottom displays the Cumulative Volume Delta (CVD). - The volume heatmap tracks trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences a significant move. Brighter areas may indicate potential support or resistance levels. - The CVD indicator breaks down buy and sell orders by trade size. A rise in a colored line indicates an increase in buy orders within that size bracket. For example, the yellow line represents orders between $100 and $1,000, while the brown line tracks large orders from $1 million to $10 million.