BTC spot CVD chart at 12:00 a.m. UTC on Oct. 28

The spot CVD chart 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 upper 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 moves sharply. Brighter zones may act as support or resistance levels. - The lower CVD indicator 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 reflects large orders between $1 million and $10 million.