Ethereum price has crashed 25% from its yearly high of $4,107 but has recovered to $3,358, where it currently trades.

Since ETH trades between two key make-or-break hurdles at $3,613 and $3,029, there is no directional bias yet.

If $ETH overcomes the former hurdle, it could kickstart a rally to the upside. On the other hand, a breakdown of $3,029 could result in a crash.

Source: CoinGape