It's Christmas and they're absolutely in a relegation battle. They'll almost certainly sort themselves out and get out of it, but the fact is they genuinely are in the conversation at the moment.
What if they don't sort themselves out though, which is entirely possible? Burnley will shithouse their way out of trouble like they always do, Brighton look like they could start to click any time now and Fulham aren't actually as bad as they looked when the season started. All three of them could pick up some form soon.
Meanwhile, Arsenal look like they're spiralling. They're shot of confidence, they look like they have no clue what they're doing, they don't even look like they like each other very much either. It's a shambles.
Premature? Maybe. But it is a real possibility.