BTC spot CVD chart as of 4:00 p.m. UTC, May 28

The Spot CVD is an order book analysis chart for the BTC/USDT spot pair. The top section shows the Volume Heatmap, while the bottom represents 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 lingers in a certain range or moves significantly, with these brighter areas potentially acting as support or resistance. - 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 tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.