I am not entirely sure, I do see Bayern as a threat for Real Madrid, because Bayern at least has a striker with Kane, and maybe they would defend him as well as they did with Haaland, but to be fair we have never seen Haaland score a lot against bigger teams, he is usually a ghost on big games, Kane is not a striker that refrains from these type of games and could play very well, and this time Rudiger may not be enough.
We all remember how Haaland scored over Rudiger last season as well, just because they did alright this season doesn't mean they are going to be good against Bayern too. Don't get me wrong I am not saying Bayern will win, I am just saying it is not that guaranteed for Real Madrid to win, it is too close to call for me.
Yes, I understand what you are saying, and to be honest I also agree with you regarding the chances of Real Madrid and Bayern Munich in this match. On the one hand, Real Madrid is more favored, but on the other hand, it is not a guarantee for them to win the match against Bayern Munich, which is one of the big teams in Europe, despite their slightly declining performance.
You are also right about their players up front, Kane. He will be a threat to Real Madrid's defense and Real Madrid must anticipate this player's movements. Kane has scored 7 goals in the Champions League this season, he is only 1 goal behind Mbappe and Luuk de Jong who have scored 8 goals in the Champions League. With the 7 goals he has scored, he has proven that he is a dangerous striker when he is in the opponent's defense. Real Madrid must be wary of him and also players who can provide him with a good supply of the ball.
However, judging from another point of view, Madrid was able to get rid of City, it feels like Ancelotti fleet will be able to beat Bayern. Of course there are no guarantees, we can only assume based on existing facts, and we know that both teams basically have the attributes needed to beat each other. It's just that this season Bayern appeared unstable in the Bundesliga, but in the Champions League they were able to show a different performance.
Meanwhile, both Madrid and Bayern have sharp attacking lines, but overall Madrid squad depth has more experience playing in the Champions League. This is of course very beneficial for Madrid, because the atmosphere of the Champions League is always full of pressure, and I think Madrid is slightly more favored to advance to the final.
In the first leg at the Allianz Arena I predict the match will end in a draw, and Madrid will win in the second leg at the Santiago Bernabeu. On the other hand, I think a strong candidate to win the Champions League trophy this season is one of the teams that managed to qualify in the match between Bayern and Madrid, because I think this semifinal round is more difficult than the final round. Once again, this is all just a personal assumption, not intended to underestimate Bayern.