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BTC Spot CVD Chart Analysis for May 1 Reveals Critical Order Flow Shifts

BTC spot CVD analysis for May 1 shows institutional accumulation and order-flow divergence that could drive near-term upside. A volume heatmap highlights concentrated trading around $60,000–$62,000 with a dynamic support band near $61,500. The brown CVD line (large $1M–$10M orders) rose sharply during the Asian session, signaling whale buying, while the yellow (retail) line stayed flat. Analysts see a bullish divergence—price made a lower low as the brown CVD made a higher low—suggesting accumulation and a possible breakout above $62,000. Broader macro uncertainty (upcoming Fed decision) tempers conviction, but the CVD structure mirrors prior accumulation phases that preceded strong rallies.

Category

Bitcoin

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min