BTC spot CVD chart at 10:00 a.m. UTC on Sept. 3

The spot CVD chart 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 Volume Heatmap tracks trading volume at each price level, and the background becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter areas may act as support or resistance. - The cumulative volume delta indicator reflects buy and sell orders by order size, with each colored line rising as buy orders increase in that category. The yellow line represents orders between $100 and $1,000, while the brown line is based on large orders between $1 million and $10 million.