BTC/USDT spot CVD chart explained

The spot CVD chart analyzes the order book for the BTC/USDT spot pair, displaying a Volume Heatmap at the top and the Cumulative Volume Delta (CVD) at the bottom. - The top Volume Heatmap tracks trading volume at specific price levels. The background brightens when the price lingers in a particular range or moves significantly, with these brighter areas potentially acting as support or resistance. - The bottom CVD indicator shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line represents orders from $100 to $1,000, while the brown line tracks large orders from $1 million to $10 million.