BTC spot CVD chart analysis for June 4
June 04, 2026, 12:04 AM
The following is an analysis of the order book for the BTC/USDT spot trading pair using the Spot Cumulative Volume Delta (CVD) chart. The top section displays a volume heatmap, while the bottom shows the CVD.
- The volume heatmap at the top tracks the scale of trading volume at specific price levels. The background color brightens when the price lingers in a certain range or makes a significant move. These brighter areas may act as potential support or resistance levels.
- The Cumulative Volume Delta (CVD) indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders for a specific size increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line tracks large-scale orders between $1 million and $10 million.Leave the first comment
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