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Newcastle United don't have excellent and stable form like the past season but it is wrong to consider they are too much weaker than the past season. If Liverpool underestimate Newcastle United, they will have to pay very expensive cost. Newcastle United have enough good players to punish any defensive mistakes from Liverpool.
Of course, you are absolutely right. I don't want to dispute your assumption in the slightest because it is true that Liverpool should not underestimate Newcastle in the slightest in this match. Even though Liverpool played in front of fans at home, Newcastle was a good team that was not beaten easily.
I'm sure Liverpool will definitely play a match full of pressure. They are desperate to maintain top spot with Manchester City too close, so it might be interesting if Newcastle score an early goal to take the lead. Liverpool has great potential to win, but who knows, maybe Newcastle can surprise with a good performance at the start of the year.
Liverpool are stronger and more stable than Newcastle United. Their recent performances show that Liverpool are stronger in the coming match but playing as an upper team contains risk. I hope Klopp will warn Liverpool players about this risk and motivate his players to do their jobs carefully in the match against Newcastle United. It will help Liverpool to avoid risk of losing the match and increase their chance to be the winner.
Let's just wait for the match and see what will happen. Probabilities show that Liverpool are favorites, so the odds are good to hope for.