The war has escalated dramatically causing massive economic fallout and lives lost. The situation is static and no longer in a state of potential diffusion.
Ukraine has left two UN workers at a nuclear power plant in the country, creating a security deposit to ensure the plant’s safety. However, getting a team of monitors into the plant remains a challenge as it is situated in an active front line war zone.
A possible outcome of a Russian takeover of Ukraine would be an insurgency by Ukrainians to keep the fight going. The United States would likely fund and arm the insurgency similarly to how it helped fund the proxy war in Afghanistan against the Soviet occupation.
Russian President Putin's recent speech, accusing Ukraine of planning to retake separatist territories, followed by signing a decree ordering Russian army to carry out "peacekeeping functions" in those regions, raises concerns of possible military action in Ukraine.
The US, China, and Russia dynamic can be seen as a one, two, and three-player game with each one trying to diminish value. The Chinese are likely enjoying the current tensions between the US and Russia while the speaker believes that Biden has good instincts but made a mistake in not seeking to dial down the tensions with Russia quickly.