Analysis of BTC spot CVD chart for May 28

The following is an analysis of the BTC/USDT spot pair's order book using the Spot Cumulative Volume Delta (CVD) chart as of 12:00 a.m. UTC on May 28. The top section displays a Volume Heatmap, while the bottom shows the CVD. - The Volume Heatmap tracks the volume of trades at specific price levels. The background color brightens when the price lingers in a certain range or moves significantly. These brighter areas can indicate potential support and resistance levels. - The CVD indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders for a specific category increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.