We can't really say anything shocking would happen though? Can we? Look at the league situation, plus Liverpool is out of everything else, so they only have the league games which means they are going to rest, Arsenal still has some games left outside of the league.
There is no way that a very well rested Liverpool would lose that many points whereas Arsenal would end up with all wins, so we can easily say that Liverpool will win the league. Sure it looks like we are not going to see that becoming a mathematical reality for a while longer, we need it to become mathematically possible first. However, just because math doesn't say it is done, doesn't make it any more competitive, we could see how the league is already done.
If we look at EPL table then it's clear that Liverpool has played exceptionally well throughout this season, they have lost only one game and won 21 games this season. Arsenal was out of EPL title race when they lost there games against WHU, Arsenal likely to finish second on points table third time in a row provided they perform well in upcoming matches else they might go down on points table. It's strange to see that Liverpool who has done so good in EPL was not able to perform well in other competitions.
It was not that Liverpool was not able to do well in other competition just that, they were just unfortunate to win the EFL Cup and beat PSG to qualify for semi finals that is football, Liverpool top the champions league table till they were knock out and they still played well to have reach the EFL Cup finals but the fact they didn't win doesn't mean they didn't do well, this is by the way already let see how next season will like for them. And for Arsenal they are sure of next season champions league again and if they can beat Real Madrid then they will go far.