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We can call Liverpool the best performing team in the Premier League so far and we can also call them the best performing team in the Champions League. Ever since Liverpool appointed a new manager, their team performance has improved greatly. The one who was in charge of Liverpool before came to the end of his career did not do well in the last few seasons for Liverpool due to which he resigned himself from the responsibility of Liverpool and Liverpool appointed another manager to their club. Although this manager was criticized at first, later this manager is proving that he is not a failure at all and the team under him can become the champion of the tournament one day.
Do you mean to say Jorgen Klopp didn't do great as a coach in all the time he managed Liverpool? Klopp is known as the only Liverpool manager to have won 6 trophies with Liverpool including champions league, uefa super cup and even the premier league. His achievements with Liverpool is what the present manager Slot is really not going to attain anytime soon. So it baffles me to read that you saying Klopp never did well with Liverpool. Is laughable.
Liverpool have a great chance to win the EPL and UCL titles this season if they can maintain their consistency and performance until the end of the season, the ability possessed by liverpool at this time of course cannot be separated from the tactics, strategies and slot ability to manage the team well, Slot has brought many significant changes in the tactics and mentality of the team and it can be seen from their consistent and dominant performance in both competitions, But I think the achievements from slot this season should not make us compare him with Klopp, let alone consider slot better than Klopp in his first season, I think Klopp has left a squad that is qualified, strong, compact and has high fighting power so that slot has no difficulty building liverpool in his first season on coaching, if we compare the two coaches, of course slot is nothing compared to Klopp who has returned the glory of Liverpool after 30 years of slump.
If everything continues this way till the end of the season, it's possible that Liverpool will win EPL, but I am not sure of UCL, because there are many strong clubs in UCL that Slot might find difficult to win. Club like Barcelona will be a problem for Liverpool to defeat, because they have an outstanding performance this season with their new coach Flick.
Arne Slot has demonstrated his qualities as a good coach in bringing the team to a stable for with high level of consistency, and it is high time Liverpool win a trophy with such wonderful performance.
Just like you said, if everything continues like this till the end of the season, which is highly unlikely. Teams will always brings strategies to tackle each other, so I don't believe Liverpool will end up winning the premier league, if you can remember very well last season, a time came like this too where Liverpool where toping the league table for a reasonable period of time, we even hoped they will end up winning it, but at last, they ended up dropping points till Manchester city and Arsenal later came ahead of them. Yes they've changed the coach, but have they changed the players.
As for the champions league, it's an entirely a different ballgame, because it can be unpredictable sometimes, Liverpool can actually pull a stunt regardless of who they will be more meeting.