It looks like they are going to definitely continue to dominate for a long time unless something changes. They have already built a younger squad and getting help from them, sure the older ones like kroos, modric, benzema still make huge plays but the younger ones are following soon as well. Which means that it shouldn't be really that much of a shock if they somehow manage to make it work one way or another and win both UCL and La liga again.
For this season, it seems that it will be difficult for Real Madrid if the three veteran players have to miss out with various scenarios of not being able to play, whether it's injury, card accumulation, or whatever makes the three players unable to appear. I'm not sure, Madrid will not be able to qualify for the next phase, without the presence of these three players. however, this is just a scenario.
So far, with Benzema injured. El Real seemed to have lost the sharpness they had, in the end Dor Carlo experimented with making Rodrygo a center forward. the result is quite satisfactory even though it is not as sharp as Benzema. Modric's absence, during the Asasuna match, made El Real lose full points. the absence of Benzema and Kroos in the match vs Rayo, made them have to swallow their first defeat in La Liga. that way, these three players will still be needed by Real Madrid before the young players projected by Don Carlo reach their maximum level.
I know that sounds like something difficult to do 2 years in a row, but they did it before and I am sure they will try to do it again. This year it is a bit harder because PSG and City looks a lot better, but we will have to wait and see.
we know, that Madrid has a winning mentality and is again able to get out of pessimism that was initially not too superior. they will always be a team that their opponents fear later, including Liverpool who will meet in the round of 16 later. however, as we agreed. this season seems to be tough for Madrid to get the champions league title, PSG, City and even Bayern look much better in terms of the pattern of the game. yes, so have to just wait it out and see what scenario will happen.