The green light indicates an incoming signal.
Now, if it's flickering, it would mean that the source signal is rather soft and often below the -40dBu level, and when the signal gets stronger, the light stays constantly on. That's normal and I don't see any problem there.
I have a QSC DCA 1222 amp. The signal green light is to show that there is a signal voltage incoming. However, when the signal is weak, that green light doesn't come on. With a higher volume, it then flickers until the incoming signal is strong enough to keep it lit constantly. I assume that the Crown light operates on the same design.