Analyst: Ethereum Must Close 4‑Hour Above $4,500 to Break Downtrend and Target $5,000 via $4,600

Cryptocurrency analyst @ali_charts noted that a 4-hour closing price above $4,500 would constitute a breakout of the recent high descending trendline, indicating a potential re-emergence of bullish momentum for Ethereum. This assessment is grounded in intraday technicals and focuses on price-action confirmation rather than speculative drivers.

The next material barrier for the Ethereum price sits at $4,600, and a clear settlement above that level could create a technical pathway to retest $5,000. Market participants should treat these figures as defined resistance zones when sizing positions or managing risk.

Despite these conditional upside scenarios, Ether is trading near the midpoint of its channel while the SuperTrend remains on a sell signal. Absent a reclaim and hold of $4,500 as reliable support, the short-term bias remains bearish.