They have failed in the EFL League and the Champions League, currently their only chance is in the Premier League, so their focus right now is really only to lift the trophy this season and of course there is a big possibility for them to be able to get it. Although in the standings, Arsenal's points are not too far behind Liverpool's, but to be able to overtake Liverpool's position at the top of the standings is very unlikely for Arsenal because I am sure Liverpool's players will return with their best performance when they return to compete in the next nine matches.
It would be very disappointing if they have to fail again in the Premier League after they lost 2 competitions, the EFL and the Champions League. For me, now there is no reason for them not to be champions, because their focus now is only one, namely the Premier League.
Arne Slot has brought Liverpool this far, and they also have a fairly good advantage in the standings. So they have to maximize it well, don't let them fail again.
Actually I didn't imagine they would lose in the final, but that's what happened to them.