BTC/USDT spot CVD chart at 00:00 UTC on April 24

The Spot CVD chart analyzes the order book for the BTC/USDT spot trading pair. The upper section displays a Volume Heatmap, while the lower section shows the Cumulative Volume Delta (CVD). - The Volume Heatmap at the top tracks the scale of trading volume at specific price levels. The background color becomes brighter when the price lingers in a particular range or moves significantly. These brighter areas have the potential to act as support or resistance. - The Cumulative Volume Delta (CVD) indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders from $100 to $1,000, while the brown line tracks large orders from $1 million to $10 million.