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.
Liverpool chances of winning the EPL this season are very big, they need 16 more points to secure the title, in my opinion, it is not difficult for Liverpool to end Man City dominance because their performance is still very consistent.
Arsenal must focus on finishing as runners-up because it is almost impossible to catch Liverpool, while third and fourth positions are still uncertain because the points difference collected by Nottingham, Chelsea and Man City is very small.
Currently, I believe that Liverpool has ended City dominance with their current points because they are not going to give up now since they are not Arsenal. Liverpool will focus more and give more time and attention to the rest of their matches to make sure that they're consistent, because they don't have any competition to divide their attention.
Nottingham has the better chance to finish on third position than Chelsea and City. It looks as if Chelsea and City might lose the 4th position if they continue to play inconsistently.