I see madrid for now is no longer its lucky season to win the UCL title even though madrid is famously tough in the UCL zone but the gods of luck don't seem to be on madrid's side anymore this season so it is very difficult for xabi alonso to be able to strategize with such a large number of star players..
If you've followed the club for a long time, you probably know how Real Madrid has managed to win the Champions League several times under unfavorable circumstances. Why do you think luck isn't on Real Madrid's side? Is it because they lost against PSG, or do you doubt Xabi Alonso's ability as their new coach?
Real Madrid will always be a contender for the Champions League title because they possess excellent mentality and quality. Before the competition begins, anything is possible because many teams have prepared diligently, and although it's a little more difficult for Xabi Alonso to produce the best results in a short time.
Even at their worst, Real Madrid always be a team that any club in the UCL will be wary of. In the Ancelotti era, they played pragmatically, they still won trophies.
On the other hand I wouldn't blame those who are a little dubious about the new coaching under Xabi Alonso, it's because Real Madrid players are not used to a coach who has a system. So at this stage, Madrid are still in experimental mode, which requires Xabi to gradually change the habits of the old style of play to the style of the modern era.