Real Madrid are ready to give their best after overcoming the injury storm. It took some time for them to recover from their injuries and they were able to come back at the right time. Ancelotti is trying his best to take the position to a stronger level and the fans have seen the promising results. I think they have to improve more and continue to do everything they can to make it happen.
Madrid must show their improvement by winning the remaining 2 matches in UCL. That will be convincing for them to be able to go to the knockout stage. Although there is also a possibility that they cannot get a direct ticket by being in the top 8 standings, they can still finish everything to be able to qualify for the playoffs.
I still believe they will qualify for the knockout stage, only if there is a worse possibility that they go through the playoffs then hopefully Madrid is not too unlucky to meet a team that is also strong.