BTC spot CVD chart analysis for June 17

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot trading pair. The upper section shows a Volume Heatmap, while the lower section displays the CVD. - The Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences a significant move. Brighter areas may indicate potential support and resistance levels. - The CVD indicator represents buy and sell orders categorized by trade size. As buy orders for a specific category increase, its corresponding colored line on the chart rises. The yellow line, for instance, tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.