BTC spot CVD chart for July 2, 12:00 a.m. UTC

This is a spot Cumulative Volume Delta (CVD) chart analyzing the order book for the BTC/USDT spot pair. The top section displays a volume heatmap, while the bottom shows the CVD. - The volume heatmap at the top tracks the volume of trades at specific price levels. The background color brightens when the price consolidates in a range or makes a significant move. These brighter areas can potentially act as support or resistance levels. - The Cumulative Volume Delta (CVD) indicator at the bottom represents buy and sell orders categorized by trade size. A rising line indicates an increase in buy orders for that category. The yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.