~Snip~
For Real Midred, I guess they will get to final in this tournament, but Liverpool will not going to make it to final because there are some strong teams from Italian and la Liga that will cause some teams not to qualify for final. I know Liverpool are doing perfectly well in the premier league game that is making them to be toping the table from the beginning till now, and there is a hope for them to lift the premier league trophy if they keep the winning habit till the end of the tournament.
To be honest, I didn't find any Italian club that Liverpool will face in the next round, if they manage to beat PSG, then in the quarter-finals they will face either Aston Villa (England) or Club Brugge (Belgium). They are still dominant in the EPL and have advanced to the last 16 of the UCL as leaders, I think your doubts about Liverpool ability are completely unfounded.
The real match will be in the semi-finals if Liverpool and Real Madrid both qualify for that round, as for who will advance to the final, I can't say anything now.
We don't underestimate any club in the Champions league, PSG must be dominating in the domestic league but for them facing a top Premier league team who is the favorite to win the title race this season, PSG needs to be more careful if not they lose the journey into the next stage of the Champion league. Liverpool strongly believes they will succeed, PSG are the ones who seem to apply lots of work to make it past this stage, and if they should then we would love to see them in the Semi final against Madrid who are defending the title.