Oden lost to a no name attack from a Kaido that according to the manga was significantly weaker than now and was just in base form.
Luffy is stronger and the simbolic representation of that will be that he endures the attack and beats Kaido while Oden couldn't. I mean Oden himself believed...
Luffy is staying up by sheer willpower just like he did against Lucci and I can see him being deaths bed allowing him to partially or as you said use the first stages of his DF's awakening.
Luffy will surpass Oden.
All of you guys are just assuming Luffy is defeated after this blow which I am pretty much certain he isn't because basically the story requires him to be still able to fight.
Next chapter we will probably get CP0 Boss death by Kaido and the Yonkou's flashback, after...
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