BTC spot CVD chart as of 8:30 a.m. UTC on Sept. 26

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 shows 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 zones may act as support or resistance.

- The CVD indicator shows buy and sell orders by order size. As buy orders increase, the corresponding colored line rises. The yellow line reflects orders between $100 and $1,000, while the brown line is based on large orders between $1 million and $10 million.