The number on Sunday was 49 then fell to 40 now back to 45. Still less then Sundays numbers. Ventilators was at 29 fell to 26 and now at 27. These numbers are far better then the begining where severe cases were about 3-4% of total cases.
Remember that the first time around, we had little idea what we were looking for and public knowledge was close to zero, so by the time someone tested positive, there was a very short amount of time before the infection became serious. Now that we're catching it very early, it will take that much longer for an infection to become serious. It's also very likely that early treatment will keep many cases from becoming serious in the first place.
All of the above is good news. It also says nothing about the seriousness of the virus itself. Early detection and treatment doesn't mean the virus has weakened. It means we're doing what we're supposed to do. However, if the spread becomes exponentially worse, there is a good chance that more and more cases will avoid early detection and treatments will get delayed, causing serious cases to rise again.
(Hishtadlus, yada yada, you've heard this part before...)