Now the competition in the EPL is no longer about fighting for the trophy, the teams ranked 2 to 7 will compete with each other to win tickets to the UCL. This season's competition is more competitive than the previous season, the very small difference in points between the teams means they have to compete until the end of the season to get the 4 remaining tickets.
Arsenal only need one more win to secure a ticket, while the other three tickets are still up for grabs by City, Nottingham, Newcastle, Chelsea and Aston Villa.
I agree with you that the competition is in the fight for a place in the Champions League next season, because that's exactly it. Later in the following match against Bournemouth, you can expect Arsenal to win and secure a ticket to the Champions League next season. If the result is like when Arsenal played Crystal Palace in the match vs Bournemouth, then Arsenal will be overwhelmed by Liverpool.
It's better if Arsenal focuses on the Champions League this season. Beat PSG and enter the final round. Until the final round later, then whoever the team will face must be able to be defeated too.