lol it was always think. I don't have money on this match so obviously I'm not sure of anything.
But the bottom line is, I've seen this too many times from Djokovic, where he looks shaky, or vulnerable, only to turn things on at the business end of a slam and go into lockdown mode. I have yet to see anything that makes me think he has lost that ability. He still has it, I guarantee it.
Other than against Nadal, Djokovic has what, 2 losses in slams in the last 5 years, vs. peak Thiem and Medvedev? The day will come when Djokovic declines, and he already has to some small degree, but he's still himself and he's still working with a dominance ratio of like 1.5 in this tournament. He just needs to find his next couple of gears and he'll be ready to win.
That's not to mention that Alcaraz is a completely unproven commodity in this kind of situation. Djokovic is a master of navigating the ups and downs of a best of five match, is Alcaraz? He didn't exactly look unbeatable at the US Open last year when things got tight.
The only way Djokovic loses this match is if he's physically compromised, or if Alcaraz is able to redline and play to the level of a peaking Thiem or Medvedev. I don't think either is happening, so I say Djokovic in 5 to account for Djokovic being old enough to have more lapses than usual.