The invincible season is off the table. The Treble is no longer possible. They will almost certainly win the Premier League but Liverpool's slate of potential achievements has been chopped down.
After the losses against Chelsea and Watford, the most important game of their season is now undoubtedly the clash with Atletico Madrid next Wednesday. While they face Bournemouth first, retaining the trophy really would put the icing on the cake of winning the Premier League.
They are a goal behind following the 1-0 defeat in the first leg at the Wanda Metropolitano and there is plenty of optimism to be had from the fact the Spanish side have to go to Anfield for the return game.