The latest Ethereum market analysis shows that the important support level of $4660 has been breached, indicating that the rising trend on the 4-hour chart may have ended. Investors should now follow the 1-hour and 15-minute charts, looking for long opportunities at lower levels and considering shorting at higher levels. It is worth noting that this drop on the 4-hour chart may break through the current trading range. Meanwhile, the support level of $110,000 for Bitcoin is also at risk of being breached. Market participants need to closely monitor whether a third type of selling point will emerge and assess the subsequent fall's strength. In this market environment, investors should remain vigilant, closely follow market movements, and adjust trading strategies promptly.