In addition to a solid defense, Manchester City has a striker who makes it difficult for the opponent's defense to keep up with his movements. Haaland is still Pep Guardiola top choice as a striker on the Manchester City front line, Haaland goal productivity is a threat to Bayern Munich. Pep Guardiola certainly has a special strategy for dealing with his former club, he really understands Bayern Munich style of play which still leaves him with the adoption of the game he once used.
Haaland has his slow down performance in last month and I am not sure he will be able to score goals for Manchester City when meeting Bayern Munich which are very familiar with Haaland style since his time in Dortmund. He has yet fitted well in Manchester City system and Bayern Munich are well understand about him.
Mastery of the midfield can make Bayern Munich unable to develop its game, Guardiola must take advantage of all the opportunities that exist to bring Manchester City through to the semifinals.
Manchester City can easy dominate match if the opponent is not Bayern Munich which are good in ball possession too. Matches of Bayern against PSG are strong warning for Manchester City that Bayern can repeat it even opponent this time is Manchester City. In addition, Bayern Munich do understand about Pep-goal as Pep Guardiola spent some season in Munich with them.
If we look at what they have achieved in their respective leagues so far, it can be considered that Real Madrid is still far better than Chelsea, where Real Madrid still holds second place, while Chelsea had to be satisfied with 10th place. So with these conditions, I think Real Madrid is more favored than Chelsea but Real Madrid is not an untouchable team anymore, so Chelsea will have a chance to beat them but it is not an easy matter because Chelsea is also not in their best shape either.
In this long season, Real Madrid are far better than Chelsea and in their latest forms, Real Madrid are better than Chelsea (no longer far better). It gives Chelsea some hope in their next matches in Champions League. What Chelsea achieved in Round of 16 against Dortmund is an alarm for Real Madrid and what happened in the past season is another warning for Real Madrid.
Chelsea are experienced enough to know that Real Madrid will not be winner if they won't score winning goal and simply dominate the matches. They will try to play defensive and wait for opportunities to punish Real Madrid.