Crypto exchange Binance has revealed record-breaking Ethereum liquidity levels, signaling a potential short squeeze. This surge in liquidity is attracting buzz from the crypto community as bulls target a bullish breakout. The analysis comes with commentary on the market from Crypto Rover (@rovercrc), who highlights this development. 👀 $ETH liquidity is stacking up at all-time highs, creating a potentially explosive situation for Ethereum traders. Binance’s ETHUSDT liquidation heatmap shows a distinctive yellow band indicating critical levels for price action. The concentration of liquidity at these levels could trigger a short squeeze, sending prices surging unexpectedly. The potential for a short squeeze has energized the community, with prominent figures like Moon Owl and Raffael_AI expressing optimism about $ETH bulls’ ability to dominate. 📈 Web3 projects like Mind AI and ANGL are poised to benefit from an $ETH rally. However, traders must be cautious, as the market’s high volatility could amplify this potential price surge and pose increased risk. The market is eagerly awaiting the next few days to see if bulls will capitalize on this liquidity trap or if bears will hold their ground. 🐻 For now, this exciting development marks a pivotal moment in the Web3 landscape that deserves attention.