You are right, Real Madrid and Manchester City are the two favorites in the Champions League this season, but unfortunately they had to meet too soon in the quarter-finals. I was basically expecting Manchester City to play Real Madrid in the semi-finals, but that never really came true.
Real Madrid has home advantage in the first leg, while Manchester City will have it in the second leg. Manchester City already have experience beating Real Madrid, but they will never be able to do the same thing every season if Ancelotti has learned enough from his mistakes last season. I would certainly expect the opposite, I mean Manchester City must can beat Real Madrid in the quarter-finals this season.
Yes, I also agree with you. Both Man City and Real Madrid are in top form. In a narrow lane, Real Madrid and Man City faced each other again for the fourth consecutive season in the Champions League. The rematch between Real Madrid and Man City in the quarterfinals of this year's Champions League promises to continue to be a tense match. Man City will continue to defeat Real Madrid this season. In terms of player quality, Man City is still better. Although the talents of the two coaches are equal. Real Madrid can only be firm when they get the final piece of the puzzle, Kylian Mbappé. Only then will they dominate this Europe. Regarding the current squad, Real Madrid cannot overwhelm Man City.