Spot CVD Chart for BTC/USDT: Reading Volume Heatmap and Cumulative Volume Delta
BitcoinWorld Spot CVD Chart for BTC/USDT: Reading Volume Heatmap and Cumulative Volume Delta On Aug. 13 at 9 a.m., traders tracking the BTC/USDT spot market were presented with a detailed order-book analysis chart known as the Spot CVD chart.
This chart is a tool used by technical analysts to gauge the flow of buying and selling pressure in real time, based on order book data. What the Chart Shows The chart is divided into two main sections.
The upper section displays a volume heatmap, which visualizes trading activity across different price levels. The heatmap uses color intensity to indicate how long the price has remained in a specific range or how significant a price move was.
Brighter zones on the heatmap often correspond to areas where the price has consolidated or made a sharp move, and these levels may act as support or resistance in the future.
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