Explainer: How to read the Spot CVD chart

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair, showing a Volume Heatmap at the top and the CVD indicator at the bottom. - The Volume Heatmap tracks the volume of trades 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 can indicate potential support and resistance levels. - The 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 between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.