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This season everything has changed so what happened last season no longer applies and cannot be used as a reference for what will happen again this season.
Manchester City and Real Madrid are the two top European teams at the moment and these two teams have been favorites since the start of the season to win the CL title this season so I don't think either team is underestimating its opponent.
Everyone's betting choices and favorites are definitely different from each other's point of view and that's only natural, but what is certain is that these two teams have almost the same percentage of being able to advance to the semifinals.
We realize that ups and downs in a team performance will definitely occur and everything could be inversely proportional to last season, now Madrid has slightly better performance and consistency than Man City. But it is still difficult for us to guess who will come out on top in this match, because both teams are favorites to win this season. It's true, everyone has their own preferences in assessing the chances of each team, and of course everyone has their own favorite team.
The Madrid versus Man City match is one of the most interesting matches in the quarter-finals, followed by Bayern Munchen versus Arsenal, Barcelona versus PSG, and finally Dortmund versus Atletico. Overall, the quarter final match brought together teams with slightly balanced strengths, it was quite difficult to determine which team would advance to the semi finals.