Tag oversold market conditions

Ethereum at the Cliff Edge: Bearish Breakdown vs Oversold Reversal Near $2,800–$3,000 / 2025 12 18

Cinematic digital illustration of a stormy ocean at night where a tall icy cliff made of red and green candlestick charts looms above crashing waves, red bear figures hammer the top near the 3000 level, a glowing blue Ethereum logo floats on a rocky 2800 platform above a whirlpool labeled 2700–2750, and golden arcs of compressed energy curve over the scene, symbolizing Ethereum’s struggle between bearish breakdown and potential bounce at key price levels.

Ethereum sits at a defining crossroads on December 18, trading at 2,837 after a brutal three-day cascade that saw price plummet nearly 10 percent from the 3,150 levels observed just 72 hours ago. The breakdown from the critical 3,200-3,300 consolidation zone we identified on December 15 as the make-or-break level has materialized with devastating speed, confirming that the failed support has now transformed into formidable resistance.