BTC Spot CVD Chart Shows Key Levels at 9 AM on September 16

Spot CVD is an order book analysis chart for the BTC/USDT spot pair, with the top section showing a volume heatmap indicating trade volume at specific price levels. When prices linger or move significantly in certain ranges, the background color brightens, suggesting those areas may act as support or resistance.

The bottom cumulative volume delta (CVD) indicator reflects buy and sell orders by size, with rising lines for increasing buy orders. Yellow lines represent $100–$1,000 orders, while brown lines indicate large orders between $1 million and $10 million.