BTC spot CVD chart analysis: Apr. 21, 4 p.m. UTC

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The top section displays a Volume Heatmap, and the bottom shows the CVD. - The Volume Heatmap at the top tracks trading volume at specific price levels. The background color brightens when the price consolidates in a certain range or makes a significant move. These brighter areas can potentially act as support or resistance. - The CVD indicator at the bottom represents buy and sell orders categorized by trade size. The corresponding colored line rises as buy orders increase. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.