BTC/USDT spot CVD chart at 0:00 UTC on May 19

The spot CVD chart is an order book analysis tool for the BTC/USDT spot pair. The top section displays a volume heatmap, while the bottom shows the cumulative volume delta (CVD). - The volume heatmap at the top 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 experiences significant movement. These brighter areas may act as potential support and resistance levels. - The cumulative volume delta (CVD) indicator at the bottom 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 represents large orders between $1 million and $10 million.