The mood at Anfield has shifted dramatically after a sobering Champions League exit. Following a disjointed 2-0 defeat to Paris Saint-Germain, which sealed a 4-0 aggregate loss, pundits are questioning Liverpool's form just days before a crucial Merseyside derby.

The result marks a fourth loss in five games across all competitions, a concerning slump that includes heavy defeats to Manchester City and Brighton. With the Premier League top-five race heating up, every remaining match carries immense pressure for Arne Slot's side, who currently sit fifth.

This weekend's clash against Everton at the Hill Dickinson Stadium now looms larger than ever. The Reds' recent performances have prompted surprising analysis from former stars. Liverpool legend Robbie Fowler, speaking on Amazon Prime Video, suggested the unthinkable: "I think Liverpool go into this game as probably underdogs."

He pointed to the team's shaky form over the past month as the primary reason. That sentiment was echoed by former Manchester United captain Wayne Rooney, who noted the palpable anxiety among Liverpool supporters. "It's the first time in a long time I've spoke to so many friends who are Liverpool fans and they’re a little bit worried," Rooney explained, adding he felt the derby had come at "the wrong time" for the struggling champions.

Not everyone in the studio agreed, however. Former Reds striker Daniel Sturridge pushed back against the underdog narrative, arguing that derby day form often transcends recent results. "Let's not try and make out like now all of a sudden Everton are in a good moment," Sturridge countered, emphasizing the unique, pressure-filled nature of a local rivalry where history and passion can override current standings.

As the weekend approaches, the debate highlights the high stakes. For Liverpool, the derby represents more than just local bragging rights; it's a vital opportunity to halt their slide and reignite their campaign for European football next season.