BTC Spot CVD Chart Shows Key Levels at 9 AM on September 11

Spot CVD is an order book analysis chart for the BTC/USDT spot pair, with the top section showing a volume heatmap tracking transaction volumes at specific price points. The background color intensifies when prices linger in a range or move significantly, indicating potential support or resistance areas.

The bottom cumulative volume delta (CVD) indicator reflects order sizes for buy and sell positions. As buy orders increase, the corresponding line rises; yellow lines represent $100–$1,000 orders, while brown lines indicate large orders between $1 million and $10 million.