Real Madrid's performance throughout the season has not been that impressive, but their current performance has changed a lot. They are in the best position in the La Liga points table and there is a lot of competition going on to win the title. Moreover, their performance in the Champions League has also changed a lot and they are preparing better for the next round. Since they have to perform impressively in both La Liga and the Champions League, the expectations from them in these two places will not be very good, I think Real Madrid will have to focus on one side or the other, either the Champions League or La Liga.
Real Madrid's performance throughout the season has been impressive, i.e they have been impressive in La Liga since the beginning, But they have not been able to put up an impressive performance in the Champions League yet. But in the present time, a lot has changed among them. Real Madrid may have the most points so far in La Liga this season, they are still able to win consistently in this league. So from this stage we can all say that maybe Real Madrid's La Liga title may be the highest chances. Since Real Madrid are a very experienced team, they should focus on doing well in both league because this team was much stronger in the previous Champions League as well.
Failing to qualify for the last 16 of the UCL automatically means that Real Madrid calendar schedule will be extended by two matches, this is a consequence that must be accepted because they did not perform well in the UCL, while in La Liga they performed very dominantly and managed to top the standings. If we talk about experienced teams, Barcelona and Atletico are also very experienced, currently Real Madrid is 4 points ahead of Atletico and 7 ahead of Barcelona, changes in the top three positions could happen depending on their performance, especially since there are still many matches that have not been played.