July 15, 12 a.m. UTC spot CVD chart

The Spot 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 Cumulative Volume Delta (CVD). - The Volume Heatmap (top) tracks the volume of trades at specific price levels. The background color brightens when the price lingers in a particular 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 for a specific size increase, the corresponding colored line rises. For example, the yellow line represents orders from $100 to $1,000, while the brown line tracks large orders between $1 million and $10 million.