BTC Spot CVD Chart Shows Key Support and Resistance Levels on September 11 at 3 PM

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 in certain ranges or move significantly, the background color brightens. Areas with brighter colors are likely to act as support or resistance.

The CVD indicator represents buy and sell orders by funding size, with the line rising as buy orders increase. The yellow line indicates $100-$1,000 orders, while the brown line shows large orders between $1 million and $10 million.