The Reds are already 14 points behind City just 13 games into the campaign but Klopp insists the title race is not a foregone conclusion and has urged his players to be ready if Guardiola's side suffer a dip in form.
"I saw the game against Huddersfield, yes Manchester City deserved to win but it was not like Huddersfield could not have won," said Klopp.
"As long as they keep winning, nobody else has a chance. If they stop winning and other teams have their good moments, then they are pretty much each the same distance away from City, points wise.
"It is possible that you can get them still but I don't care about that for the moment because we want to have the next three [points], and the next three and the next three.
"If anybody struggles then you need to be there but not for us at the moment, we are too far away. If they keep on going like this then nobody has a chance, then it is already decided."