Their main focus is to get the Bundesliga title back, but they also want the Champions League, so as long as they can still fight for it, they will not let the opportunity pass them by. Especially if they manage to claim the title early in the Bundesliga, then they will shift their focus entirely to the Champions League. But Vincent Kompany should be able to make both of them the same priority, because they have not achieved anything in the Champions League for a long time, so they also have to work hard to achieve something good this season in the Champions League.
For the Champions League Bayern Munich's chances are very small, where we can see how they played during the group stage. The competition in the Champions League will be much fiercer because they will face strong teams, unless Bayern Munich can perform much more consistently than before. The focus on the Bundesliga is much better even though in the Champions League they are still fighting to win it, but I think the opportunity that must really be utilized is chasing the Bundesliga trophy for this season.