Eth didn't crash Only because of the Hoax, crashed because of 2 more things..
Status ICO - network congested, wallet went to maintenance, people could not transfer it - so People opted to sell Eth and transfer in form of other coins
ICO's Dumping - ICO's are slowly unloading the massive Eth they got. People are throwing Eth at ICO's and ICO's are Eating all they can. Sooner or later they have to Unload.