BTC/USDT spot CVD chart for 5:00 a.m. UTC on May 11

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