Liverpool are in pole position to win the Premier League this season.
Yet, the Chilean is confident that City are very much in with a chance of winning the championship.
The former Malaga and Real Madrid coach admits that they now have to depend on Liverpool’s results, but he expects more twists and turns over the next four weeks.
City could have maintained the upperhand in the title race had they not lost at Anfield on Sunday. The visitors came from 2-0 down to make it 2-2 in the second half, but a Vincent Kompany howler saw Philippe Coutinho bang in the winner with 12 minutes of normal time left.
On Wednesday, City will welcome struggling Sunderland at the Etihad Stadium, and Pellegrini believes that his team should collect the three points to keep up the pressure on Liverpool and Chelsea.
‘No, the opportunity we lost [means that now] we don't depend on what we can do, of course’, The Guardian quotes the 60-year-old as saying when asked if City have surrendered a strong advantage. ‘But it was a tough game against Liverpool in their own stadium. We didn't deserve to lose that game but things happen.
‘We continue with the same trust and we'll do it till the end of the season. We still have two games in hand and we hope we can win those six points. We must play very well especially [against Sunderland]’.
The title race in the English top flight this season has been one of the most competitive in years and has taken numerous twists and turns.
Will there be more in the final stretch of the road? Pellegrini certainly believes so.
‘You have the whole season and maybe all the teams lost some games away, [so far] Liverpool against Hull or Chelsea against Crystal Palace, all the teams will drop points in unexpected games’, he said. ‘The season is very close for all the teams. When we finish on 11 May, we analyse what happened with the games. But for now we are fighting with the same chances as the other teams.
‘Of course it is possible Liverpool can drop points, or Chelsea, or our team also. Any team can drop points every week. In the Premier League all the games are close and it's not easy to go and win’.
Pellegrini will be hoping that City do not drop points against the Black Cats at the Etihad. Because if they do, then they might just slip out of the title race.