The Satellite view shows a "bird's eye view" from your selected satellite. It displays the Earth from orbit exactly as your satellite sees it. You can swipe the screen to center different parts of the view. You can pinch the screen to zoom in or out.
For many satellites, a 3D model of the satellite accurately shows the satellite itself. For other objects, a "generic" satellite model or rocket booster is shown instead.
The status bar at the top of the screen displays the current location and date/time that Orbitrack is using to display the Satellite view. The longitude and latitude describe the point on Earth's surface that you (and the satellite) are orbiting over.
You can animate the view to see how it changes as your satellite moves around the Earth. To do this, tap the Time button in the toolbar. As time flows, you will follow your satellite around the globe, and it will stay centered in the field of view.
As time flows, your satellite may pass over Earth's night side (shaded). You can turn off shading with the Show Day and Night option in the Settings. You can also show cities on the Earth's surface, and atmosphere (clouds) by turning on these options in the Settings as well.