Spot CVD chart for July 4, 5:00 a.m. UTC

The spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, and the bottom section displays the CVD. - The Volume Heatmap at the top tracks trading volume at specific price levels. The background color brightens when the price lingers in a particular range or moves significantly. These brighter areas may act as potential support or resistance zones. - The CVD indicator at the bottom represents 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 represents large orders from $1 million to $10 million.