As good as Spain and Germany have looked (and I had them and England as the prohibitive favorites) - it is just the group stage. I think of the English in Euro 96 running rampant over the Dutch and then losing in pks to Germany and the Dutch in WC 2014 blitzing Spain and their group and then getting dunked in penalties.
As lifeless as the English have been - they've got players (and 4 points!). They just need to advance.
In general, looking great now is good but it is really just about advancing. Once you get to the last 8 really anybody with some breaks can win it.