Bitcoin Spot CVD Analysis: Order Flow Signals for June 10
The Spot Cumulative Volume Delta (CVD) tracks the imbalance between buying and selling pressure at the order book level. This tool offers a granular view of market sentiment beyond simple price movements. A positive CVD indicates greater buying pressure, while a negative reading signals more selling activity. Understanding this data helps traders gauge market momentum accurately. The Volume Heatmap visualizes high trading activity, highlighting potential support or resistance levels. This component shows where large volumes of trades have occurred at specific price points. Separately, the CVD indicator uses color to distinguish order sizes. Different colors track varying market participants, like retail versus institutional trades. By analyzing the slope of the CVD lines, traders assess which side's pressure is dominating at different order sizes. A rising CVD line for large orders suggests accumulation by major players. Conversely, a falling line for small orders during a rally could signal weak broad-based support. Using CVD with other indicators enhances trade decision-making.























