BTC spot CVD chart as of 5:00 p.m. UTC, May 15

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