Liverpool is playing an easy match, PSG isn't in a good form to be a perfect match for them. Liverpool will definitely win PSG, and advance to the quarter finals because they have been the best club so far in the group stage. PSG wouldn't be a hinderance to them, since PSG is not that too good in UCL matches. I give Liverpool the victory both at home and away.
It should be so but PSG should not be underestimated because even though PSG is a team that has a good squad, it's just that this season their performance in the Champion League has declined greatly.
So for Liverpool of course it will be very favored, if there are no big surprises then they will be able to qualify without any significant pressure.
In the last 16 of the Champion League I think the difficult match is the Madrid Derby, both teams now have good quality and their rivalry makes Atletico Madrid and Real Madrid have the same percentage to be able to beat each other.
And the problem now is that Real Madrid is difficult to beat in the Champion League, that's what makes them slightly favored.