Liverpool are two points behind leaders Man City in the Premier League table after suffering a narrow defeat to Crystal Palace at Anfield on Sunday.
Gary Neville has offered a positive assessment of the Reds' season despite the fact that the treble dream is now fading away.
"It was a really bad day (for Arsenal and Liverpool)," the former Man United defender said on his podcast, as quoted by Sky Sports.
"I'm really surprised by Liverpool at home to Palace, I'm really surprised, although they have had a difficult week.
"If you look at Liverpool, no one expected Liverpool to be anywhere near. If you said that Liverpool would be two points off Manchester City with five or six games left to go, I'd be like 'no chance'.
"This is a monumental achievement I think for Jurgen Klopp, for them to be where they are. I said it before the international break and a few Liverpool fans had a go at me, but I felt like they were hanging on. I just felt like they were hanging on for dear life with emotion, with it being Klopp's last season.
"I still think Jurgen Klopp is getting the very best out of this Liverpool team and this Liverpool squad - and what we are now seeing is probably what they are, and they have overachieved to this point.
"With Liverpool, you felt they were always the scruffy one of the three, yet they were hanging in there, calling upon the emotion of the Anfield crowd and Jurgen Klopp's last season. Calling upon other things, other factors."
