I reckon his endgame in Ukraine is clear now. Allow Putin to keep all the Ukrainian land he's taken so far, with zero guarantee of security for Ukraine afterwards.
Then In the next few years, Russia under the guise of a supposed settlement will be given the time to rebuild it's military before it goes again. Definitely in Ukraine, and probably the Baltic countries as well.
What we are seeing, is the greatest betrayal from one individual to an entire country in our lifetimes. I get the feeling that this isn't the work of a madman but it's happening by design.
You couldn't have put a KGB agent into the Whitehouse and be any more pleased with his work so far, when it comes to Ukraine and causing confusion and destabilisation among Americas traditional allies.