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As I already said, the next season will be decisive - if Arsenal does not take the title, then progress will be replaced by regression.
Arsenal must be able to win the title next season. They already have a solid squad and they have been runners-up twice in the EPL. I'm not saying Arsenal should be EPL champions because that's quite difficult. But at least Arsenal can get one trophy this season. The Arsenal squad is currently in their best performance. I think if they fail to get the trophy again this will affect the players' confidence.
The previous season, Arsenal managed to advance to the quarter-finals before finally being defeated by Munich. I think it's already a good result but they deserve to go further in the UCL.
The English League is not only the main league title, there is the FA Cup and the League Cup, at least Arsenal can have one of these titles rather than having to go home empty-handed. Actually Arsenal's performance was better than Manchester United last season but Man United can win 1 FA Cup title and beat Man City, so Arsenal is not only focused on the Premier League and Champions League, at least they are also focused on competitions that are more convincing to win the title because the EPL and UCL competition is very fierce and it is very difficult to win the title.
By bringing previous experience of being able to reach the quarter-finals, next season Arsenal must be even better, at least reaching the UCL semifinals.
By the way, I'm a little worried that Mikel Arteta will be fired because he failed to give Arsenal the title they want because since Mikel Arteta has served as Arsenal coach since 2019 until now Arsenal have not been able to win the EPL title even though they almost got it if only they were more consistent and didn't make mistakes there end of season.
