BTC spot CVD chart at 12:00 a.m. UTC on Aug. 26

Spot CVD is 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 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 a longer period or makes a large move. Areas closer to brighter colors may act as support or resistance. - The lower CVD indicator reflects buy and sell orders by fund size, and the line for each color rises as buy orders increase. The yellow line is based on orders between $100 and $1,000, while the brown line is based on large orders between $1 million and $10 million.