Explanation of the BTC spot CVD chart

The Spot CVD chart provides an order book analysis for the BTC/USDT spot pair. The upper section shows a volume heatmap, while the lower section 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. These brighter areas can potentially act as support or resistance levels. - The CVD indicator in the lower section represents buy and sell orders categorized by trade 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 between $1 million and $10 million.