Liverpool have nothing to fight for again, they have been given the premier league trophy already, and they are out of other competitions left, so they are going to play freely against Arsenal, either they win or lose, it’s not really going to add anything to them. Arsenal still need to get a win in the match, if Arsenal cant win the remaining matches which they are having left, then they might not even end the season in top 2 which they are currently in, because Manchester city is currently behind Arsenal, and any mistake from Arsenal then Manchester city will be taking over their current position.
I still consider the game between Liverpool vs Arsenal a tough one because Liverpool is not a team that like or are comfortable with losing and after their 3 goals to 1 defeat to Chelsea they would want to bounce back to winning ways.
Liverpool had more time for rest than Arsenal who had to play their Champions League match and got eliminated, this maybe another point on my analysis for this game and I expect Liverpool to win or draw.
The Liverpool and Arsenal match may not really be a serious one per say because both teams are not fighting for anything anymore as they already know how the season will end for them. But they might just play to keep records which is a good reason to see some form of interesting match. I will rely on goals and not who will win because both sides will likely score in that match. Arsenal may not be in the right frame of mind to defeat Liverpool after their Champions League loss to PSG and Liverpool too are not too motivated to play like before so they can settle for a score draw.