Chart the Market (16/12/2025)
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Chart the Market (16/12/2025)

Published: 16 December 2025,08:03

Published: 16 December 2025,08:03

Chart The Market

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ETH, H4: 

Ethereum has sustained a decisive technical breakdown, breaching both its multi-week uptrend channel and the critical liquidity zone near the $3,015 level. This dual break constitutes a significant structural shift, effectively invalidating the prior bullish framework and confirming a bearish trend reversal.

The loss of the $3,015 support, which had previously served as a reliable floor, signals that underlying buying interest has been overcome by selling pressure. This level now transitions to a key resistance zone, where any future recovery attempts are likely to be challenged.

Momentum indicators corroborate the deterioration in market structure. The Relative Strength Index (RSI) is poised to enter oversold territory, reflecting accelerating selling pressure, while the Moving Average Convergence Divergence (MACD) has completed a bearish crossover below its zero line and continues to trend lower. This configuration confirms that bearish momentum is gaining strength.

The convergence of the structural breakdown and negative momentum shifts establishes a clear bearish near-term bias. The path of least resistance now points toward a test of lower support levels, with initial targets near the $2,850 area. For this bearish outlook to be invalidated, Ethereum would need to reclaim and sustain a position above the $3,015 resistance, a move that appears challenged under the current technical configuration.

Resistance Levels: 3220.00, 3445.00

Support Levels: 2690.00, 2495.00

GBPJPY,  H4

The GBPJPY pair has confirmed a decisive deterioration in market structure, breaking below both its recent consolidation range and its primary uptrend support line. This dual breakdown represents a significant technical development, invalidating the prior bullish framework and establishing a bearish trend reversal.

The breach of the uptrend line—which had provided dynamic support throughout the pair’s advance—is particularly notable, as it signals a fundamental shift in momentum from buyers to sellers. This level now becomes initial resistance for any potential retracement.

Momentum indicators align with this structural shift. The Relative Strength Index (RSI) is declining toward oversold territory, reflecting building selling pressure. Simultaneously, the Moving Average Convergence Divergence (MACD) is poised for a bearish crossover below its zero line, indicating that a fresh wave of negative momentum is developing, consistent with the bearish structural shift.

The convergence of the range breakdown, trendline breach, and deteriorating momentum presents a compelling bearish case. The immediate focus is on the pair’s ability to sustain the breakdown. The former uptrend support, now resistance near the 188.00 area, is likely to cap any rebounds. Should the current selling momentum accelerate, the next significant support is projected near the 183.50 level. The overall technical posture now favors a bearish near-term bias unless the pair can reclaim its position above the broken trendline.

Resistance Levels: 207.30, 208.10

Support Levels: 206.20, 205.30

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