Heavy uptick in Supply Shock Ratio's for $BTC and $ETH

Heavy-uptick-in-Supply-Shock-Ratios-for-BTC-and-ETH

For the first time in month, I created the graphs for Bitcoins and Ethereums Supply Shock Ratio's. And well, what should I say? They look bullish 🚀

The Supply Shock Ratio measures the ratio between available supply on exchanges and the unavailable supply. Simplyfied version is:

If the number goes up (heavily), it's bullish 📈
If the number goes down (heavily), it's bearish 📉

With both charts looking like this (heavy uptick), I only can interpreted this as a bullish sign.