For all Liverpool have had a decent bit of territory, they've created one big chance - as many as Madrid. All of Liverpool's "best moments" that have made the fans scream and shout have just been shots from 20-25 yards.
xG at the moment is 0.7 to 0.3. It's hardly domination from Liverpool is it.
And Madrid have had just as many clear openings despite having less of the ball in attacking areas - that Bellingham chance was big. If Madrid can get it through the lines a bit quicker Liverpool will get turned and be in big trouble.