It is not a matter of whether Real Madrid is in a good position in the points table, it is a matter of whether Real Madrid can become champions. Barcelona and Real Madrid fight for the title of La Liga. Teams like Atletico Madrid, Real Sociedad, and Villarreal have weaker squads than Barcelona and Madrid. Real Madrid's squad is weaker but I think this team will be in the top 3 of the table.
Without Benzema, Madrid's squad cannot be said to be weak.Madrid's squad is strong enough. Benzema's void cannot be filled. However, if all the players in the squad can perform well in their positions, Madrid's overall performance will definitely improve. But if Luka Modric doesn't play well next season, it will definitely affect Madrid's performance. Modrich is now about 38 years old.
looks like you said something to the contrary. what I know is that Real Madrid and Barcelona in La Liga will be strong teams in history but that is not a guarantee that they will continue to be strong in every season because sometimes something is being achieved like last season Real Madrid did not perform well in La Liga because of goals they focused on winning the title in the UCL so they had to end in runner-up positions and Barcelona won La Liga.
Im not saying any team is weak in the coming season but like Atletico madrid and other teams can improve their performance because of the arrival of star players and reliable coaches. so all of this there is no guarantee about performance every season its just that in history Real Madrid and Barcelona will be strong teams in La Liga.
Regarding Luka Modric, you do not need to overestimate if the team strength depends on him because Real Madrid still has other solid players and can work together to get trophies in every competition even though Benzema is not in Madrid anymore but there are still many better players like Bellingham.