Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows a Volume Heatmap, while the lower panel shows cumulative volume delta, or CVD.
– The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for longer or moves sharply. Brighter areas may act as support or resistance levels.
– The cumulative volume delta indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color rises. The yellow line reflects orders worth $100 to $1,000, while the brown line reflects large orders worth $1 million to $10 million, among other categories.