Liverpool are a fantastic counter attacking side, arguably the best in Europe at it with Mane & Salah being some of the best in the world in such situations. Even the likes of Wijnaldum and Keita are fantastic when moving the ball quickly up the pitch, they have a side which is perfectly suited to that quick transition play. I don't think they will win the league though, they simply don't exert the same control over games like City can, which means the likelihood is they'll drop more silly points against sides City will simply choke the life out of.
Palace today looked solid and organised, and Liverpool couldn't break them down, relying on a penalty decision to do so. That's a big problem - they really don't have the creative passers that City possess, and I think Guardiola's style is far more suited to defeating teams who sit deep, City simply pull those sorts of teams apart. In a league situation I think a Guardiola team will always win over a Klopp one, but in the cups is where Liverpool can do the most damage with their style of play, and I honestly think they could win the Champions League this season. Much more likely than the league, I see City getting a similar points tally and don't believe Liverpool are capable of that.