BTC Spot CVD Chart Reveals Buying Pressure Amid Crypto Volatility

The spot CVD chart for Bitcoin's (BTC) USDT trading pair on August 17 provided a detailed view of order flow, combining a volume heatmap with cumulative volume delta (CVD) lines. This tool helps traders understand how buy and sell pressure has evolved across different price levels.

The upper panel of the chart shows a volume heatmap, which tracks the intensity of trading activity at each price level. Brighter areas indicate significant volume and often act as support or resistance zones. In the lower panel, the CVD indicator reflects the net difference between buy and sell orders, categorized by capital size.

The yellow line represents orders between $100 and $1,000, while the brown line tracks large orders between $1 million and $10 million. When these lines rise, it indicates that buying pressure is increasing within those order sizes. This information can help traders better anticipate potential breakouts or reversals.