Renowned Bitcoin analyst Lark Davis recently highlighted a significant potential catalyst for Ethereum (ETH) price appreciation. According to Davis's X post, a renewed all-time high for ETH would trigger the forced liquidation of approximately $1.66 billion (2.3 trillion won) in short positions. This "short squeeze" scenario could significantly amplify upward price momentum. As ETH approaches its previous peak, currently needing only a 3% increase, short sellers face increasing pressure to cover their positions. This buying activity, driven by forced liquidations, can create a positive feedback loop, potentially propelling ETH to new heights. Traders and investors are closely monitoring Ethereum's price action, anticipating this potential surge and the resulting market impact. The possibility of a large-scale short squeeze adds another layer of excitement to the already dynamic ETH market. ```

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