As the team with the most titles in the UCL, Madrid certainly still has the opportunity to continue their performance to qualify from the group stage. From Madrid's experience, we have the confidence to be able to see at least until the semi-finals.
Although it may be too early to say this, the fact is that Ancelotti can always make Madrid stronger when he can get new players in January. We don't need to worry about this, because every season Madrid will try to continue to win titles in the UCL
Currently, Madrid is only adapting to new players like Mbappe and must survive when their mainstay players are injured. On the one hand, the new system also affects Madrid's performance. But all that will be a very small problem when they can qualify for the next round.
As team that has won most Champions League titles Real Madrid has good chance of moving on to next round. Because of their experience and past successes it is logical to think they will at least make it to semi finals. With Carlo Ancelotti as their coach Madrid usually gets better when they add new players to team. Right now they are getting used to new players and dealing with some of their best players being injured. But these problems will not be big deal once they make it to next round.