With 10 games to go, the title race is entering the final straight and Liverpool lead by just a single point.
Will Jurgen Klopp's men go the distance or will they be reeled in by Pep Guardiola's Manchester City?
We asked our expert panel, Jamie Redknapp, Martin Keown and Chris Sutton to give their verdict...
With 10 games to go, the title race is entering the final straight and Liverpool lead by a point
You've all been in title races. What is the one piece of advice you would give to players?
Keown: Relish every second of it. For the Liverpool players who have never won the title, they may never get a better chance. Of course there will be nerves but you cannot let them paralyse you.
The mentality for Liverpool has to be to win every match — they know this City team are capable of winning 18 league games on the bounce — but they must embrace the challenge, not fear it.
Redknapp: You have to hold your nerve. We were top at Christmas in 1996 but could not get over the line. There have been some very good Liverpool teams in the last 29 years who have fallen short. The weight of history is huge but you have to be patient. Don't panic if it's 0-0 with 10 minutes to go.
I have played in teams at the other end of the table, too, and at this stage of the season plenty of sides are scrapping for their lives. Neither Liverpool nor City will pick up maximum points between now and May.
Sutton: Have complete faith in your team-mates. Some are saying Liverpool are bottling it. They aren't. Recent results have proved they can hang on in there.
Let's be honest, at the start of the season Liverpool would have given anything to be in this position. They have still only lost once. City slipped up against Crystal Palace, Leicester and Newcastle. The only reason they are not facing the same scrutiny is that they are reigning champions.
The only reason Manchester City not facing same scrutiny is that they are reigning champions
Does it matter if you've won the title before?
Keown: I was in the Liverpool players' shoes in 1998 when Arsenal were battling Manchester United for the title. In that group, the likes of David Seaman, Tony Adams and Lee Dixon had won it before. That was hugely important.
Once you have won a title, your behaviour changes. Little things like knowing when to go for it in training and when to rest. It is helpful to have that experience in a dressing room. City know how to be champions. At Liverpool, only James Milner has been a major part of a title-winning team.
Redknapp: That lack of experience doesn't seem to be bothering Liverpool. Trent Alexander-Arnold does not look fazed. Virgil van Dijk is the best defender in the Premier League. What matters is the quality on the pitch — and Liverpool have a brilliant team.
Sutton: The most important thing is that when you look around the dressing room, you are surrounded by strong characters. With the likes of Alan Shearer, Tim Sherwood and Tim Flowers at Blackburn, I had complete confidence when I crossed that white line. It's the same for Liverpool now with the likes of Alisson and Van Dijk.
City manager Pep Guardiola is having to manage Sergio Aguero's game-time
Who is the key player?
Keown: Alexander-Arnold is back in the nick of time. Until Wednesday's win over Watford, I thought Liverpool had blown it.
That 5-0 victory sent a message to Manchester City and Alexander-Arnold was the standout performer with a hat-trick of assists. He is only 20 but plays with the freedom and confidence of a serial winner. That is what this team have been missing.
Sutton: Fernandinho is crucial. Aside from the goalkeeper, he is the one player City cannot live without. While they have a deeper squad and more impact players than Liverpool, City have no like-for-like replacement for Fernandinho. They laboured to victory over West Ham without him and he could miss the next two league games with injury.
Redknapp: It is so difficult to separate these teams but lose Van Dijk now and Liverpool cannot win the title.
Aside from the goalkeeper, Fernandinho is the one player Manchester City cannot live without
Up front... Aguero or Salah?
Keown: Right now, I'd pick Aguero. Pep Guardiola is having to manage Aguero's game-time but Jurgen Klopp must be losing sleep over how to get Mo Salah firing. Recently, he has played a little