The match between Manchester city and Liverpool will be a huge contest for both teams. Should Liverpool lose then the top four race is out of there sight. For Manchester city should they lose it will dent their league hopes for the league but I don’t think that is all because some clubs have lost the title from 10 points with just few games left.
Be it a win for Liverpool, i don't still think they have any hopes/chances of making the top four, imo the game is not all that crucial for Liverpool, but the game means everything to Manchester City. Mind you that Arsenal are now 8 points above City, albeit the Etihad club has a game in hand, but if City should lose to Liverpool on the 1st of April and Arsenal beat Leeds, then City would be 12 points adrift, with a game in hand, that would be game over if you ask me. It is a must win for City, and a good thing for them that they play this match in the Etihad.
I would say it is equally crucial for both. Not winning the title for Manchester City would be disappointing, but not even showing up in the Champions League next season would be even worse for Liverpool. Even the Europa League is at threat. But apart from that I would be quite shocked if City doesn't win that game against Liverpool. Arsenal is doing an excellent job and probably it is even tougher to have their stats in the Premier League than Napoli has in the Serie A.
I was convinced that with the addition of Haaland there can't be any doubt who is going to win this year's EPL title. Not that it is about Haaland alone, but their team is amazing anyway. Now interestingly in 2019 and 2022 Manchester City took home the title against Liverpool with just one point ahead. I think it's possible that Manchester City wins all their remaining games and it would still not be enough because Arsenal is absolutely on point right now.
Anyone saw the interview of Haaland with Henry etc. after the game against RB Leipzig? In the mid 2000s it was said that Manchester City scored 39 goals in the whole season across all competitions and Haaland has already scored more goals than the whole team back then and the season isn't even over yet!

Fun fact I thought. I guess they are referring to season 06/07.