BTC spot CVD chart analysis for May 21

The following is an analysis of the BTC/USDT spot pair order book using the Spot CVD chart as of 12:00 a.m. UTC on May 21. The top section represents the Volume Heatmap, while the bottom shows the Cumulative Volume Delta (CVD). - 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 can potentially act as support or resistance levels. - The Cumulative Volume Delta (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 indicates large orders between $1 million and $10 million, among others.