BTC spot CVD chart at 2:00 p.m. UTC on Oct. 2

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows a volume heatmap, while the lower section represents cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background color 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 CVD indicator in the lower section reflects buy and sell orders by order size. As buy orders increase, the line in the corresponding color rises. 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.