I think sometimes a little bit perspective is needed. Liverpool FC are not the favourites to win this league. The clear favourites are Manchester City, champions last season with a record points tally and coached by one of the best managers in the game, if not the best. They have the experience of three title wins in the last 7 years, came second twice in that span and won four domestic cups as well. They have a proven track record of getting over the line when it matters. They have a great mix of experienced players and young skillful players.
Liverpool FC has not challenged for the league in five years and when they did those five years ago, it was more the case of a perfect storm than gradual development of a team over years. Under new manager Jürgen Klopp, Liverpool have gradually improved, but have yet to show that they are a team which can win the biggest prizes. So far, Liverpool have finished 8th, 4th and again 4th in the League, while reaching one domestic cup final (lost on penalties against ManCity) and two European Cup Finals (both lost 3-1 against Spanish serial winners Sevilla FC and Real Madrid CF). While we undoubtedly have a really exciting mix of young, aspiring players, we do not have the trophy-winning experience in our ranks that ManCity possesses.
The clear favourite for the league is Manchester City. Don't let that 2 or 5-point-gap fool you, we are facing an uphill battle and have been battling it incredibly well all season. Our points-per-game average is a staggering 2.54. We have one single loss in the league all season, coming in the toughest away match possible at ManCity. Both teams are going to drop points until the end of the season. We have six games against top half opposition left this season (4 at home). ManCity have four games against top half opposition left (2 at home). This could well be enough for them to make up the gap. So keep yourself strapped-in, because this is going to the wire and we will have to use that points-gap.