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From season to season PSG always has a chance to get good results in the Champions League, the reason is because PSG has guaranteed the trophy in Ligue 1. At least, with strong dominance in Ligue 1, PSG should have better preparation than other teams for the Champions League. Because after all, other teams have no guarantee of a trophy every season, so other teams really have to do the right rotation to support the team's performance to remain good.
But PSG? even though at that time there were Messi, Neymar and Mbappe and other quality players in every position, but in reality PSG still failed, or maybe it was the coach's fault. This season, PSG has a coach who has experience and many trophies, so maybe Luis Enrique can provide better results than previous coaches. But to beat Liverpool, I think it will still be a difficult target to achieve.
The PSG versus Liverpool match is actually difficult to predict, but in my opinion, if you look at the journey of both teams to reach the round of 16, it's easy to say that Liverpool is slightly more favored. The ambition of both teams to win the Champions League trophy is certainly quite large, and in general, both teams do have the attributes needed to be able to win it this season. Regarding the condition of the squad, Arne Slot and Luis Enrique are likely to be able to play all their key players.
The course of the match will clearly be troublesome for both teams, I think that's for sure. PSG has a slight advantage in the first leg because they act as hosts, but it doesn't seem like it will have much of an effect. As leaders in their respective domestic competitions, both teams clearly have a fairly good level of confidence. Although there is a possibility that the match will end in a draw, I think Liverpool is more worthy of being favored.