In my opinion, the teams that will fight for the title are:
1 - Liverpool
2 - Chelsea
3 - Arsenal
4 - Manchester City
Chelsea has improved a lot, and they're a team that's improving with each game, so I wouldn't be surprised if they manage to win the league. I'm not a Chelsea fan, but I admit they're a strong contender, better than Arsenal and Manchester City on paper. We'll see on the field, but if I had to choose just two teams with the best chance of winning the Premier League, I'd choose Chelsea and Liverpool. Manchester City hasn't yet managed to regain its strength.
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I agree with you . liverpool are likely to be at the top of the table and chelsea in second place. However  the positions of the two teams in third and fourth place may change.

Liverpool is the most active  team in this transfer market. Liverpool has already spent a lot of money. And the team is ready to spend more money to make the squad strapping. We saw liverpool's strong performance last season. So it is expected that the team's performance will be mighty this season.

Chelsea's squad is quite steady. The team started improving towards the end of the last season. A few days ago chelsea had a memorable victory against psg in the fifa club world cup. So there is no doubt that this team will fight for the title next season