Ewing's sarcoma is the third most common primary malignant bone tumor that arises from endothelial cells of bone marrow. It commonly affects males in their first two decades of life, presenting with pain in the diaphysis of long bones like the femur and tibia. Diagnostic tests include blood tests showing anemia and elevated markers, x-rays revealing moth-eaten bone destruction and onion peel periosteal reaction, and MRI or CT scans assessing tumor extent and staging. Treatment involves a combination of chemotherapy, surgery if possible for debulking or limb preservation, and radiotherapy, with chemotherapy being the mainstay. Prognosis depends on factors like tumor site, stage, size, and response to initial chemotherapy.