Yesterday, we walked through a powerful year-end setup inside the MAG 7 that could deliver some of the fattest profits of the month. You can check out that video here in case you missed it.
But today, I want to shine a light on something else unfolding in the market as we wait for the Fed’s big decision.
Because while Wall Street keeps playing the “will-they, won’t-they” game, three giants aren’t sitting around waiting… they’re already making their moves.
Here’s what I mean…
Gold’s Breaking Records Again… And It’s Not Finished Yet
We’ve been talking about gold all year… not because of the attention-grabbing headlines—but because of the pattern the Money Calendar’s been showing us. If you remember, I even said at the beginning of the year that the gold rally was just getting started.
And right on cue, gold surged past $4,200 an ounce today for the first time since October.
Why? The answer lies in the Fed.
With expectations rising that the Federal Reserve will cut rates by 25 basis points this week, traders are pouring into precious metals. Rate cuts make non-yielding assets (like gold) more attractive… and that’s exactly what we’re seeing now.
Even silver joined the party, breaking $60 per ounce for the first time ever, and more than doubling in price this year. Tight supply, industrial demand from AI and the broader shift toward electric-powered technology… all of it is fueling this run.
And it’s not done yet.
The Real Story Taking Shape Behind Bitcoin’s $93k Rebound
Bitcoin (BTC) is trading near $93,000 today, and while the price action has been choppy, the bigger story isn’t the day-to-day swings… it’s the momentum that’s building beneath it.
As the rest of the market sits on its hands ahead of the Fed’s decision, BTC is quietly firming up at a level that’s been a magnet for institutional interest all year. And now, we’re seeing more signs that the big money is stepping in…
PNC Bank just became the first major U.S. bank to offer direct Bitcoin trading to private clients through Coinbase.
Let that sink in for a second…
A major bank—maybe even your own—is now giving clients direct access to Bitcoin. That’s a BIG shift from where we were only a few years ago… And it tells me PNC likely won’t be the last.
Meanwhile, Bitwise Chief Investment Officer (CIO), Matt Hougan, says crypto could see 10x–20x growth over the next decade. That’s not hype. That’s a long-term read on where capital wants to go.
Ethereum Just Sent a Signal Most Traders Are Missing
Ethereum (ETH) isn’t just tagging along behind Bitcoin… it’s shaping up as the front-runner among altcoins.
ETH is trading back near $3,300, bouncing hard following the network’s Fusaka upgrade. That upgrade includes PeerDAS, which is just a way of making Ethereum run faster, cheaper, and smoother as more people use it.
And it’s not just the tech side showing strength. BitMine Immersion just added 138,452 ETH to its treasury this week. When an institution makes a move like that, it usually means the interest is building, not fading.
Are altcoins outside Ethereum calming down? Sure. Volatile markets cooled after recent crypto drawdowns. But that doesn’t mean the broader space is dead — it just means resets happen. And when big base layers like Ethereum are getting upgraded, being patient can pay off.
Are altcoins outside Ethereum cooling off? Sure. We’ve seen some drawdowns. But that doesn’t mean the space is dead—it just means we’re getting a reset.
And when the big platforms are upgrading like this, patience can pay off.
To your continued success,
Tom Gentile
America’s Pattern Trader
