BTC/USDT spot CVD chart analysis for May 7

The Spot Cumulative Volume Delta (CVD) chart provides an order book analysis for the BTC/USDT spot pair. The top section displays a Volume Heatmap, while the bottom shows the CVD. - The Volume Heatmap tracks the scale of trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or moves significantly. These brighter areas may act as support or resistance. - The CVD indicator represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For instance, the yellow line tracks orders between $100 and $1,000, while the brown line tracks large-scale orders between $1 million and $10 million.