Bitcoin Trading Pauses at $60K-$61K: CVD Chart Signals Balance
The BTC/USDT spot trading pair on major exchanges showed a nuanced order-book landscape at 10:00 a.m. UTC on Aug. 27, according to the Spot Cumulative Volume Delta (CVD) chart.
The CVD chart tracks the balance between aggressive buying and selling, indicating that large and small orders were roughly in equilibrium.
This equilibrium was reflected in both the volume heatmap and cumulative volume delta, offering traders a valuable data point for their short-term strategies.