Hello and welcome to HCM,
I have understood your apprehension on the hearing loss
You do not have to worry as wax can be cleaned by an ENT and however hard or inside the wax is in the ear, it will not cause high or permanent hearing loss.
You may feel a little blocked sensation and little pain but apart from that, wax in the ear is usually harmless.
Continue the drops and consult your ENT so that he can clear out your wax if any and examine the ear drum. Do not meddle or try to take it out by yourself as you may cause more harm than good.
take an audiometry
test if you feel the block is persisting and get back to me with the report
Dr Sriram Nathan