BTC/USDT spot CVD chart for June 24, 12:00 p.m. UTC

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 upper section shows the volume heatmap, and the lower section displays the CVD. - The volume heatmap tracks the scale of 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-colored zones may act as potential support and resistance levels. - The cumulative volume delta (CVD) indicator 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 indicates large orders ranging from $1 million to $10 million.