Yeah, it was pretty bad. And it could've been even worse if not for the missed penalty.
Chelsea got absolutely dominated, only managed to make a total of 4 shots (3 on target) in the entire game Vs Liverpool's 28 (13 on target). It doesn't get much worse than that.
It almost seemed like Liverpool was playing a team from a much lower division. Now they're too far behind to even dream about finishing in the top 5.
Regardless of the final result, there was no significant resistance from Chelsea which allowed Liverpool to easily win the match, which is quite a shame.
For Chelsea's target of finishing in the top 4 or 5, I don't think it will ever happen, they don't deserve it, they still have a lot to fix and it's possible that won't be possible this season.
Chelsea is already quite far behind with the top 5 ranked clubs. Aston Villa has collection 43 points while Chelsea has only collected 31 points. The difference of 12 points is a very big difference. It's impossible if Chelsea is able to catch up to be ranked in the top 5. I think Chelsea might still end up on the board middle of the standings or at least in the top 10 of the standings.