BTC spot CVD chart at 9:00 a.m. on Sept. 28

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. The background becomes brighter when the price stays within a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance. - The lower CVD indicator reflects buy and sell orders by capital size. The line for each color rises as buy orders increase. 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.