[Analyst: Ethereum Short-Term Bearish, Potential to Challenge $5,000 if $4,600 Resistance is Broken] According to a report by Jinse Finance, crypto analyst Ali stated that if Ethereum's 4-hour closing price surpasses $4,500, it would signify a breakout of the recent downtrend line from the high point, suggesting that bullish momentum may be recovering. The next key resistance level is at $4,600, and if Ethereum can decisively break through this level, it could pave the way for a return to $5,000. However, Ethereum is currently trading in the middle of the channel, following the downtrend line. The SuperTrend indicator remains in a sell signal. Unless Ethereum can reclaim $4,500 and turn it into a support level, the short-term outlook remains bearish.