From the number of matches that are still quite a lot for all teams in the Premier League, of course Arsenal's chances of being able to catch up with Liverpool's points are still very open even though Arsenal must hope that Liverpool can make more mistakes in their important matches so that Liverpool does not get full points in the next few matches. Because catching up with the strongest team like Liverpool in the Premier League is not easy for Arsenal even though the distance is only seven points, but there is certainly still hope for Arsenal, especially with the return of Bokayo Saka to Arsenal's front line.
I think the chances are small because even though there are still quite a lot of matches, Arsenal often experiences a decline in performance entering the end of the season so that catching up with Liverpool's points will be much more difficult. If Liverpool make mistakes or lose in the next few matches, will Arsenal be able to win all the remaining matches? This also cannot be guaranteed so that Liverpool's chances of getting the trophy are still quite large.
Bokayo Saka's presence will also not provide a much greater opportunity for Arsenal to catch up with Liverpool's points because I am sure Liverpool themselves will definitely try their best to get the Premier League trophy this season and their chances are much greater than Arsenal.
To.me premier league is unpredictable, yesterday Liverpool was able to get a draw against Everton in a match many soccer pundits and analyst had already tipped Liverpool to win, however end result was 2-2 thus Liverpool dropped two vital points, Arsenal though are a bit inconsistent in most of their previous matches, however I believe they can give Liverpool a run of their money and continue to pose a challenge to Liverpool title aspiration just like they did against Man City till the end of the season, therefore I underrate Arsenal towards their title challenge against Liverpool whom must not drop more points else Arsenal would catch up with them