Luis Suarez says Liverpool can compete for the Premier League title next season if they repeat the form they showed in the second half of last term.
The Reds picked up 34 points from 18 games following Kenny Dalglish's return to Anfield as manager in January.
"The form we showed over the second half of the season bodes well," the Uruguay striker told LFC weekly.
But captain Steven Gerrard said: "Getting in the Champions League will be the main aim."
Gerrard, who missed the last three months of the campaign after groin surgery, added: "It would be stupid of me to raise expectations any more than they are already.
"At the beginning of every season at Liverpool, expectations rise and now that Kenny is staying and with a few signings I'm sure it'll go through the roof.
"We just need to continue what we've been doing during the last six months.
"Hopefully we'll add some more players to strengthen the squad and then we need to compete.
"We are good enough to beat anyone on our day, we just need to find the consistency to challenge for honours."
Dalglish took over for a second spell in charge on Merseyside following the departure of Roy Hodgson and signed a new three-year contract in May.
If Liverpool had repeated the form they produced under the 60-year-old over the entire season, they would have ended the campaign on 71 points - level with second-placed Chelsea.
Suarez, a £22.7m arrival from Ajax in January, said: "We've been playing well and I think we've been getting into the type of form that we know we'll have to keep up for a whole season if we want to be title contenders.
"This is something we're optimistic about for next season and if we can hit the ground running and maintain the good form, then I think we've got a good chance of doing well."