I know that Liverpool is in their best form and they have not experienced any difficulties since the beginning of the season, doesn't mean that we should underestimate Real Madrid because of the trauma they are experiencing in the club. However, I believe that they might surprise us on that day, but it will not be easy for this to happen, because Liverpool is also ready for them.
Liverpool started the season playing against some clubs that are not too strong. The only big club they have faced in the Premier League is Chelsea and Arsenal out of the total number of game played this season. In other league i can barely think of any other big club they've played. So i would say it has been quite an easy pass for Liverpool. Soon they will starting meeting stronger teams in all competition. And its obvious that Liverpool will face Real Madrid, Manchester City after winning against Southampton. If they are able to win against this team then i know they are better than their last season. In the end they might end up wit a trophy.