BTC spot CVD chart analysis: June 20, 00:00 UTC

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The upper section shows a volume heatmap, while the lower section displays the CVD. - The volume heatmap in the upper section tracks 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 can potentially act as support or resistance levels. - The Cumulative Volume Delta (CVD) indicator in the lower section shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line represents orders between $100 and $1,000, while the brown line tracks large orders ranging from $1 million to $10 million.