BTC/USDT spot CVD chart analysis

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The top section displays a Volume Heatmap, while the bottom section shows the CVD. - The Volume Heatmap tracks the volume of trades 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 levels. - The CVD indicator at the bottom represents buy and sell orders categorized by trade size. A rising line for a particular color indicates an increase in buy orders within that category. The yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.