BTC Spot CVD Chart Shows Key Levels at 9 AM KST on September 12

The spot CVD is an order book analysis chart for the BTC/USDT spot pair, with the top section showing a volume heatmap and the bottom section displaying cumulative volume delta (CVD).

The volume heatmap tracks trading volume at specific price levels; when prices linger or move significantly within a range, the background color brightens. Brighter sections often indicate potential support or resistance zones.

The CVD indicator represents buy and sell orders by size, with rising lines indicating increasing buy orders. Yellow lines represent $100-$1,000 orders, while brown lines depict large orders of $1 million to $10 million.