BTC Spot CVD chart analysis: July 3, 5 p.m. UTC

The Spot CVD chart provides an order book analysis for the BTC/USDT spot pair. The top section displays the Volume Heatmap, while the bottom section shows the Cumulative Volume Delta (CVD). - The Volume Heatmap at the top tracks trading volume at specific price levels. The background brightens when the price lingers in a certain range or moves significantly, with these brighter areas potentially acting as support or resistance. - The Cumulative Volume Delta (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 tracks large orders between $1 million and $10 million.