Analysis of BTC/USDT spot CVD chart at 00:00 UTC

The Spot Cumulative Volume Delta (CVD) chart provides an order book analysis for the BTC/USDT spot pair. The upper section displays a Volume Heatmap, while the lower section 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 experiences significant movement. Brighter-colored areas may act as potential support and resistance levels. - The 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 represents large orders from $1 million to $10 million.