In last 8 games, we have 4 wins and 3 loses for them with 1 draw against Atlético Madrid is surely not good time for team like Real Madrid 2 defeats in Champions League making situation worst for them with 1 draw and 1 lost in La Liga is still not bad as they have chance to fight back but here now time for them to keep things at the top level.
However, Liverpool is going to be the favorite to win the next game if we consider how Real Madrid has lost their games this season. Even though Liverpool hasn't lost a Champions League match this season, they will still face major challenges when they meet Real Madrid, so let's ignore that Real Madrid is having difficult times with injured players. Considering that Real Madrid lost to Milan in Santiago and Liverpool defeated Ac Milan during an away game, many people will give Liverpool a greater chance than Real Madrid. The only position where Real Madrid will struggle is at right back, and we're not sure who they'll use there against Liverpool.
Till the season has finally come to an end and Real Madrid's performance hasn't improved, I will never believe that they have failed at the start of the season. Real Madrid still has more games and more time to recover. In football, anything is possible. They may defeat Liverpool at home without conceding a goal because, in my opinion, Courtois will be ready, which would be great for Real Madrid. With four games remaining, they still have a chance to recover despite their Champions League standing.