Wow, Real Madrid managed to win big with a score of 6-0 and what is even more surprising is that Benzema was able to score a hat-trick in the first half even in less than 10 minutes. As an old or senior player getting an achievement like this is of course still a good achievement, and it doesn't matter even if the opponent he faces is only a team that is in the lower zone.
So indeed, Real Madrid is in fact still in good performance this season. But yes, Real Madrid is only unable to compete with Barcelona which can indeed be more consistent in La Liga, so even though there is still a chance, it will still be difficult for Real Madrid to overtake Barcelona.
Barcelona played the match with Elche and Barcelona won 0-4. On the other hand, Real Madrid won 0-6 with Real Valladolia Real Madrid's performance was excellent today. However, Real Madrid is still 12 points behind Barcelona. Real Madrid can't get anywhere near Barcelona on points. There is always a gap of over 10-12 points. Real Madrid are playing very well to the best of their abilities, but it is not paying off much.
Still, Real Valladolid looks better than Elche, which has only 13 points and is already out this year. Real Valladolid is a mid-table team, so still a win for Real will be more solid, plus a really great game of the whole team, Benzema's hat-trick in 7 minutes and as usual Assencio's goal.
In general, Real Madrid showed what they are capable of if the players do not play on autopilot, but are willing to fight for every piece of the field.
If Real also play in the Champions League, the chances of Ancelotti next season are quite high. Even if it is not without failures, but Real Madrid is confident enough to play and can add at the most unexpected moments.