BTC spot CVD chart analysis for May 11

The following is an analysis of the BTC/USDT spot pair order book chart as of 00:00 UTC on May 11. The top section shows the Volume Heatmap, and the bottom 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 significant movement. These brighter areas can potentially act as support or resistance levels. - The Cumulative Volume Delta (CVD) indicator shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line represents orders between $100 and $1,000, and the brown line indicates large orders between $1 million and $10 million.