Dear Student,

As the world’s largest cryptocurrency, Bitcoin (BTC) has been soaking up all of the attention lately – and rightfully so!

In little over a week alone, BTC has shattered record after record, skyrocketing past the low-end of my $87,000 price target.

As I’m writing, it’s already blown past $92,000 and could easily break $100,000 well before the end of the year at this pace.

But, despite the well-earned spotlight, Bitcoin’s “little brother” has been making big waves, too…

I’m talking about Ethereum (ETH).

ETH is the second-largest coin in the crypto market, now representing just 14% of the market. Launched in 2015, ETH is more like a “digital infrastructure” rather than digital money. It introduced the concept of a programmable blockchain, allowing developers to build decentralized applications (dApps) and smart contracts (self-executing contracts that run automatically when specified conditions are met).

And for how bullish and great BTC has been so far this year, ETHhas been on an impressive – and important – run itself.

In the short term, whether ETH is underperforming or outperforming BTC tells us the state of how many other altcoins are performing. Simply put, altcoins are smaller, alternate digital currencies, with many of them based on Ethereum’s network. Dogecoin (DOGE) is an example and is one of the few major proof-of-work coins besides Bitcoin that recently saw a 20% price jump.

So, what does all this mean for the overall crypto market – and for traders?

In today’s video, I’m going to walk you through:

• What’s driving the ETH rally and the obstacles it faces in reaching new highs

• Signs of a potential frenzy to watch out for before placing your next trade

• Why it might be the time to “hold on for dear life” in terms of your crypto portfolio

• How to navigate the rise of the internet crypto guru

• Where I see the crypto market heading next

Click on the video below – and let’s get started…

And tomorrow, I’ll be back to show you one of the best (and one of my favorite) ways to make money on crypto.

Until then…

Tom Gentile
America’s Pattern Trader