Hi cryptotraders,
As you can see on the monthly chart below, the strength of crypto sellers decreases every month, this can be seen from the decrease in the ratio between buy and sell signals.
Monthly ratio Buy / Sell signals:
Jul. 1 Buy signal : 21,3 Sell signals
Aug. 1 Buy signal : 12,8 Sell signals
Sep. (till 18.09.23) 1 Buy signal : 5 Sell signals
It could be the earlier stage of trend change on the crypto market and crypto buyers soon will take advantage of it.
