Arsene Wenger still believes shattered Liverpool can be a force again this season, once they have regained their broken confidence.
Wenger's Arsenal hit back from a goal down at the break to win Sunday's crunch Premier League clash 2-1 at Anfield and it means Liverpool have won just three of their last 15 games and have suffered a double humiliation of Champions League exit and domestic defeat in five days on their own ground.
Wenger said: ''Liverpool are a good side and when they find their confidence they can beat anyone in the league. They have Fernando Torres and Steven Gerrard back, Alberto Aquilani will get fitter and many teams will drop points at Anfield. They played in the first half with an impressive level of performance.''
Wenger's praise is scant reward for Liverpool, who fell apart in the second half after Glen Johnson's own goal put Arsenal level following Dirk Kuyt's first-half opener. Andrey Arshavin then cracked a stunning winner as Wenger's verbal broadside at half-time had the desired effect.
The Gunners' boss now believes that Arsenal are back in the title race.
"A fear of winning the big games after losing to Chelsea and United was a factor in the first half," said Wenger. "We brought that into the game, but once we had nothing to lose in the second half, we controlled the game.
"We were a bit lucky with our first goal, but the fear was in the Liverpool camp in the second half. It was an outstanding second goal and from then on Liverpool's pace dropped. Afterwards we were not under any real threat.
"For us, it gets us back into it. Mathematically we're in a good position again, especially with our game in hand. We knew with what happened with the results yesterday (Saturday), that we needed to win here. We did so and that's something very positive. Now it is down to consistency.
"Whoever wins this league is going to be the one capable of being really consistent and no-one has done that yet. But I don't think it is a three-horse race, because there are the likes of Villa, Tottenham and Manchester City in there too."