Aug. 13 9 a.m. spot CVD chart

Spot CVD refers to an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume by price range, and the background color becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance. - The cumulative volume delta indicator shows buy and sell orders by fund size. As buy orders increase, the line for the corresponding color rises. The yellow line is based on orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.