ETH could surge to $5,200 on market liquidity recovery, says analyst

The price of Ethereum (ETH) could surge to $5,200 if liquidity returns to the market, according to Shaun Young, the chief analyst at MEXC Research. According to DL News, Young identified the Ethereum Foundation's ongoing privacy-enhancing initiatives as a key bullish catalyst. He explained that concepts such as privacy protection, decentralized identity, and data ownership are gaining global attention, and that Ethereum's roadmap aligns perfectly with these next-generation blockchain trends. Separately, Ray Youssef, CEO of P2P platform NoOnes, added that from a technical perspective, if ETH can reclaim the $4,500 level, it would open a path for a rise to between $5,000 and $5,200 in the fourth quarter.