BTC spot CVD chart analysis for July 7

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