Sure. I bet they can win 80 games if everything goes right. That's a 10% improvement.
The other assets (Rogers, Garver, Buxton) that could have been traded at the deadline were all injured.
The pitching staff has five pitchers returning with a WAR > 0.5. Bailey Ober is currently the staff ace. They need to add 3 starting pitchers as good as Berrios and three relievers as good as Rogers if they actually want to win a playoff series. That's more than a couple solid additions, that's a complete overhaul. To get pitchers as good as Berrios in trade will cost at least as much as they got for Berrios. Signing three starting pitchers that good in free agency will add $75M to the payroll.
2022 is a rebuilding year. If it that didn't happen after trading Berrios it certainly happened when they lost Maeda for the season.