BTC spot CVD chart at 9:00 a.m. UTC on Sept. 14

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 represents cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background 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 CVD indicator in the lower section reflects buy and sell orders by capital size, with the corresponding colored line rising 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.