Real Madrid can always make a surprise when competing in the Champions League stage, even though they are not in good form when playing in the domestic league.
Real Madrid has a very good mentality and is also passionate about playing in UCL matches because they are the kings of UCL who won the most Champions League trophies of all time.
while Chelsea is also in the same mentality as Real Madrid, because Chelsea was the champion of UCL last season, the match between these two teams is very balanced, both have almost the same quality but I think after seeing Real Madrid's match that beat PSG, i believe it's Real Madrid would be able to do the same with Chelsea. I'm even sure that Real Madrid will be able to go further on the UCL map this season, maybe even reach the final or become champions.
The match between Real Madrid and Chelsea is balanced because the two teams are great in thier country leagues and also in the Champions League. When you talk about the motivation, the difference is that Real Madrid is motivated by their deep experience in Champions league and their good record. The only low morale of Real Madrid is the shameful defeat in el classico by Barcelona. That defeat will reduce their confidence.
Chelsea on their own has a good motivation as the defending champions and also they are doing well in England. The match is good to watch but I think that Real Madrid can beat Chelsea with experience.
Still don't know who proceeds to the next round honestly.
They are both in a great form, but as a fan of Manchester United, in other to avoid noises from Chelsea fans I'd love Real Madrid to win.
I think I'm a little bit biased here.