BTC/USDT Spot CVD Chart Reveals Order Flow Dynamics

The BTC/USDT spot cumulative volume delta (CVD) chart is a valuable tool for traders monitoring Bitcoin's spot market. This chart combines two distinct layers: a volume heatmap at the top and a cumulative volume delta indicator below.

The upper section of the chart tracks trading activity at each price level, highlighting zones where significant trading has occurred. These brighter areas often act as support or resistance, representing price levels where traders have previously shown strong interest.

The lower section displays the cumulative volume delta, which measures the difference between aggressive buying and selling volume. This indicator is broken down by order size, with the yellow line tracking smaller orders and the brown line monitoring large orders.