Maybe - but consider that in football anything can happen.
I don't really believe that Juventus and Milan can't make it to the last 16 - but it's a reality.
Italian football really fell off so hard at the European stage this time round, especially the UCL. I won't be surprised if Feyenoord pull off a surprise against Inter Milan which is the only Italian club left in the competition. It's amazing that even Netherlands still has two representatives in the knockouts
Even if Liverpool can really be favored at 1/8 - but I won't rule out the possibility that the effort will be difficult. Barca look easy - so do Inter, Arsenal, but it's possible some of our predictions will be wrong in the end. Matches start early next month - so there are still a few things that may change including each team's probabilities.
I think we are going to see a few more surprises. PSG seem to be improving, but they have disappointed before when they were so strong.