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BTC spot CVD chart analysis for July 2

July 02, 2026, 5:17 AM
BTC spot CVD chart analysis for July 2The Spot CVD chart provides an analysis of the BTC/USDT spot pair's order book. The top section displays a Volume Heatmap, and the bottom shows the Cumulative Volume Delta (CVD). - The Volume Heatmap (top) tracks trading volume at specific price levels. The background brightens when the price lingers in a range or moves significantly, with these brighter areas potentially acting as support or resistance. - The Cumulative Volume Delta (CVD) indicator (bottom) shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. For example, the yellow line tracks orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million.

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