Cryptocurrency market leaders Bitcoin (BTC) and Ether (ETH) remained steady over the weekend, holding above support levels without any developments that could impact prices.

As of Sept. 18, 3:41 p.m. GST, markets remain virtually stagnant, with overall market capitalization increasing by only 1.60% in the past 24 hours to above $1 trillion, according to data from CoinMarketCap. Meanwhile, the 24-hour trading volume grew by 33.77% over the last day.

Short positions liquidated more than $43.37 million, while long positions liquidated above $31.01, data from Coinglass shows. According to the tracker, cryptocurrency exchange BytBit witnessed the largest single liquidation order of about $1.72 million in the past 24 hours.

At the time of writing, Bitcoin exchanges hands at more than $27,100, while Ether trades at over $1,650. Bitcoin’s price is up more than 2% in the past 24 hours and 6% in the past seven days. Meanwhile, Ether’s price increased by 1.38% in the past day and 4.19% in the past week.

Toncoin (TON) witnessed a 40% increase in price last week after messaging giant Telegram said its crypto wallet would integrate the coin. TON initially soared by nearly 6% on the heels of the announcement during Token2049 in Singapore on Sept.13.

However, TON experienced the largest losses among major cryptocurrencies in the top 10 by market capitalization. It dropped by nearly 1% in the past 24 hours, with most traders likely taking profits on its surge in the past days.

Meanwhile, the current Bitcoin fear and greed index shows neutral sentiment.

Although markets remained tepid, participants hold with bated breath the coming week’s key macroeconomic event from the United States Federal Reserve.

The Federal Open Market Committee (FOMC) meeting on Sept. 20 is set to resolve benchmark interest rates, with most markets expecting them to remain unchained.

The crypto market has joined traditional markets in rejecting the idea that US macro policy might remain restrictive in order to tame inflation, with Bitcoin previously dispelling its sudden reactions to macro data prints.

Despite the market’s current “boring and sideways” nature, popular crypto trader Crypto Santa noted that FOMC’s moves and coming interest rate decisions “should induce some volatility.” However, they noted that “ BTC will likely continue to trade within $25k-$27k in the short-term.”