Spot CVD chart at 2:00 p.m. UTC on Aug. 12

Spot CVD chart at 2:00 p.m. UTC on Aug. 12 Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel represents cumulative volume delta, or CVD. - The upper volume heatmap tracks trading volume at each price level, and the background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance. - The lower CVD indicator reflects buy and sell orders by capital size, and the line for each color rises as buy orders increase. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.