BTC/USDT spot CVD chart: 11 a.m. UTC, July 1

The Spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The top section displays a Volume Heatmap, and the bottom shows the CVD. - The Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price remains in a particular range for an extended period or moves significantly. These brighter areas can potentially act as support or resistance. - The CVD indicator represents buy and sell orders categorized by trade size. A rising line for a given color indicates an increase in buy orders within that category. For example, the yellow line tracks orders between $100 and $1,000, while the brown line represents large-scale orders from $1 million to $10 million.