Liverpool fans had every reason to be optimistic after their 5-0 bludgeoning of Porto on Wednesday.
The Reds have been rather top-heavy this season, but against their tepid opponents, the Liverpool attack ran riot. Mohamed Salah, Roberto Firmino and Sadio Mane had a field-day in the biggest away victory by an English side in the knockout stages.
The victory was the clearest demonstration yet that Jurgen Klopp's gung-ho side can produce the goods against any opponent on their day.
The flaws still remain, namely unexpected defeats against the likes of Swansea City and West Brom, but stellar wins versus teams like Manchester City underlines the brilliance of their attack.
Club legend Robbie Fowler has been lapping up every minute of it and has matched a lot of Liverpool supporters in having quiet optimism about their club's chances.
Liverpool's chances of Champions League glory
Recent history suggests Premier League success does not necessarily suggest Champions League victory in turn, with pluckier sides such as the Chelsea of 2012 and Liverpool of 2005 reaping the top prize. Neither side even made the top four.
Furthermore, Fowler believes the current Liverpool crop even trumps the 2005 team that produced miracles in Istanbul.
In general, the 42-year-old was salivating over the possibility of the Reds thriving in a knockout competition that's as ruthless and absolute as Klopp's side.
Fowler thinks Liverpool can beat ANY team
“I think Liverpool on their day can beat any team," Fowler announced.
“I think they have proven that, certainly this year and in the years gone by.
“I know comparisons will be made to 2005 but I really don’t think they should be.
“I think, with all due respect, this team is better. I know that sounds stupid because we are sitting here talking about European champions.
“But potentially this team can cause a few upsets in Europe.
“Obviously the ambition and the aim is to get into the top four as well.
“Jurgen I think is building something special, we have been saying that for a while.
“But he is a fantastic manager who I think is bringing the best out of the players."
If there's a more accurate 'glass-half-full' summary of Liverpool this season than Fowler's, we haven't heard it. Shock results to smaller sides typified by poor defending seems the sole issue that needs ironing out.
Far more surprising things have happened than this current Liverpool team outscoring their way to Champions League glory.
How far do you think Liverpool will make it in the Champions League this season? Have your say in the comments section below.