--- title: "Bitcoin Flat As Fed Policy Meet Looms; Ethereum, Dogecoin, XRP Decline: Analyst Flags Support Where They Plan To 'Load Heavily' On ETH" type: "News" locale: "en" url: "https://longbridge.com/en/news/257457855.md" description: "Bitcoin remained stable around $115,000 as the Federal Reserve's interest rate decision approaches, while Ethereum fluctuated between $4,470 and $4,500. The cryptocurrency market saw over $400 million liquidated, with Bitcoin's dominance at 57.5%. Analysts are watching Ethereum's support level at $3,800-$4,000 for potential buying opportunities. Meanwhile, U.S. stocks rose amid positive US-China trade talks, and traders anticipate a 95.9% chance of a 0.25% rate cut by the Fed." datetime: "2025-09-16T02:09:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257457855.md) - [en](https://longbridge.com/en/news/257457855.md) - [zh-HK](https://longbridge.com/zh-HK/news/257457855.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/257457855.md) | [繁體中文](https://longbridge.com/zh-HK/news/257457855.md) # Bitcoin Flat As Fed Policy Meet Looms; Ethereum, Dogecoin, XRP Decline: Analyst Flags Support Where They Plan To 'Load Heavily' On ETH Leading cryptocurrencies diverged from stocks on Monday, as risk appetite eased ahead of the Federal Reserve’s interest rate decision. ## Risk Appetite Dims Ahead Of Fed Meet **Bitcoin** crawled in the $115,000 region for much of the day, although trading volume shot up 52% in the 24-hour period. **Ethereum** was also rangebound, bouncing within a narrow range between $4,470 and $4,500. Bitcoin's dominance fell to 57.5%, while Ethereum's market share rose marginally to 13.7%. Over $400 million was liquidated from the cryptocurrency market in the last 24 hours, with $330 million in long positions wiped out. Bitcoin’s open interest experienced a modest gain of 0.02% in the last 24 hours, while funds locked in Ethereum derivatives rose 1.60%. The majority of Binance traders with open BTC positions were long, according to the Long/Short ratio. The market sentiment remained "Neutral," according to the Crypto Fear & Greed Index. **Top Gainers (24 Hours)** The global cryptocurrency market capitalization stood at $4 trillion, down 0.82% in the last 24 hours. ## Progress In US-China Trade Talks Stocks rallied on Monday. The **Dow Jones Industrial Average** rose 49.23 points, or 0.1%, to end at 45,883.45. The **S&P 500** climbed 0.5% to 6,615.28, while the tech-heavy **Nasdaq Composite** closed up 0.9% at 22,348.75. Trump said in a Truth Social post that the trade meeting between the U.S. and China went "very well," adding that a deal was reached on a company "that young people in our Country very much wanted to save," potentially referring to **TikTok**. The Federal Reserve is set to decide on the interest rates on Wednesday, with traders pricing in a 95.9% chance that the central bank would cut rates by 0.25%, according to the CME FedWatch tool. ## Key Ethereum Level To Watch Out For On-chain analytics firm **CryptoQuant** noticed that the Bitcoin Scarcity Index jumped for the first time since June. "The index jumps when immediate buying power exceeds available supply, as if buyers are racing to acquire Bitcoin on the market," CryptoQuant added. If the index continues to stay positive for consecutive days, it typically indicates the start of a "strong accumulation phase" and may assist the continuation of the uptrend. Widely followed cryptocurrency commentator **Ted Pillows** highlighted Ethereum's strong support around $3,800-$4,000. "This is the level I’m eyeing to load heavily on Ethereum. If that happens, we will get a lot of quality alts on good discounts too," the analyst predicted. _Photo Courtesy: Yalcin Sonat On Shutterstock.com_ - **BitMine Reports $10.8 Billion Ethereum, Bitcoin, ‘Moonshot’ Crypto Holdings** ### Related Stocks - [Grayscale Ethereum Staking ETF (ETHE.US)](https://longbridge.com/en/quote/ETHE.US.md) - [BTC/HKD (BTCHKD.VAHK)](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTC/USD (BTCUSD.VAHK)](https://longbridge.com/en/quote/BTCUSD.VAHK.md) - [ETH/HKD (ETHHKD.VAHK)](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETH/USD (ETHUSD.VAHK)](https://longbridge.com/en/quote/ETHUSD.VAHK.md) - [DOGE/USD (DOGEUSD.VAHK)](https://longbridge.com/en/quote/DOGEUSD.VAHK.md) ## Related News & Research - [Eightco Reports $326M Total Holdings Including 277.2M Worldcoin, $90M OpenAI Stake](https://longbridge.com/en/news/281191320.md) - [Mark Zuckerberg texted Elon Musk to offer help with DOGE](https://longbridge.com/en/news/280887963.md) - [BTC miners are collectively turning to Bitcoin.](https://longbridge.com/en/news/281160892.md) - [Peter Schiff Sounds Alarm On Bitcoin-Backed Mortgages](https://longbridge.com/en/news/280834905.md) - [AVAX One Q4 revenue surges on Avalanche strategy, bitcoin mining, maintains 2026 revenue forecast](https://longbridge.com/en/news/281241243.md)