BTC/USDT Spot CVD Chart analysis for May 9

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section displays a Volume Heatmap, while the bottom shows the Cumulative Volume Delta (CVD). The Volume Heatmap tracks the scale of trading volume at specific price levels. The background color becomes brighter when the price remains in a certain range for an extended period or moves significantly. Areas with brighter colors may act as potential support or resistance levels. 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. - Yellow line: Orders between $100 and $1,000 - Brown line: Large orders between $1 million and $10 million