BTC Spot CVD Chart explained

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot trading pair. The upper section shows the Volume Heatmap, while the lower section displays the CVD. - The Volume Heatmap tracks trading volume at specific price levels. The background brightens when the price lingers in a certain range or moves significantly. These brighter areas can indicate potential support or resistance levels. - The CVD indicator represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.