I think this match might benefit Real Madrid if they are able to beat Liverpool because Real Madrid currently really needs points in every match to continue to climb to the top rankings, on the other hand if Liverpool experiences their first defeat in this match it will not affect them because Liverpool is still in the top 8 so even though Liverpool has the advantage of playing at home maybe Liverpool will not try to put too much pressure on Real Madrid they can save their energy because the journey in the UCL is still very long.
All I see happening in this game is a fierce attempt by both teams to get a goal or probably win each other in this game, because literally one team is in form more than the other but Madrid is very experienced and thst is an advantage on its own they could leverage on so it's going to be a tough game and whosoever wins was just the lucky one for that day and not because they are better than the other, Liverpool's home advantage is another thing Madrid will actually struggle to deal with because Liverpool wouldn't want to suffer a loss at home and slot has been very precised about his champions League tactics to get the best off every game so a draw wouldn't come as a surprise.