Bitcoin (BTC) is currently trading sideways around $88,200-$88,300, showing a slight 24-hour gain of 0.3-0.4% but a 4% decline over the past week. The market remains cautious amid softening sentiment, with investors shifting toward precious metals like gold (surpassing $5,000) ahead of Federal Reserve decisions. Cooling ETF inflows and cautious derivatives positioning are limiting upside potential, with BTC on track for a rare fourth consecutive monthly loss-last seen in 2018-2019.