There is a belief among fans about Real Madrid being very difficult to beat in the Champions League so far and that is a miracle that no other team has. Real Madrid are often lucky and able to recover from difficult moments in a match, but I don't think so this season. So far, Real Madrid is often referred to as the king of comebacks where they fell behind first but won at the end, but it is true that this season some people have doubted the consistency of their performance.
As far as I know, Real Madrid is only very strong when they can reach the final round. When they play in the final round, it is very difficult to defeat them. They can prove it many times, kindly check their final UCL match history. However, before they reach the final, Real Madrid play as common teams. They were often defeated by other teams, too. Well, for this season, I am also not so sure with Real Madrid chance to win it. Real Madrid performance is decreasing a bit, they have some serious problems. If they can't deal with those problems, it is unlikely to reach the final round.
I tend to agree that Liverpool is more consistent than Real Madrid regarding performance, but on paper Real Madrid is superior in many ways, including squad depth. Ancelotti is an experienced coach compared to Arne Slot, but I really don't want to doubt Arne Slot even though this is his first season for Liverpool.
Yep, it is the fact that Liverpool could play more consistently. So far, Liverpool becomes the only team that always wins the match. They got 0 lose, 0 draw. Their stats is 100% win. If they can finish the league phase with 100% win, they are the most candidate for the champion this season. Arne Slot does a great job in his first season. TBH, I really don't expect this, in the early of the season I guessed Slot will get difficulty to continue Klopp's great seasons in Liverpool.