The fact that the majority of selling pressures are slowing down and even reversing, means that there is room for buyers to start coming back into the picture and for price to start stabilising. It is an objective signal to the end of the bear market.
This doesnt mean that price cannot drop further, all it means is that we are currently near the optimal point in time to be getting into cryptocurrency, rather than getting out.
The irony is that over the last few months we have also seen the majority of investors repeat the same mistake that has played out since the beginning of time and the invention of markets. Buy the top, sell the bottom. Boss Crypto students wont make that mistake.
READ THE FULL ARTICLE ON HACKERNOON HEREIt is true that sell pressure seems to be easing. Whenever the market has started to drop recently it has bounced back quickly. There does seem to be some fundamental strength there, but conversely it is also the case that price rises have been largely held in check as well. So we are left with relative stability. But yes, signs are a lot better now than they have been at other times over the past year.