• Step 1: Putin says to Trump he wants immediate peace if Ukraine renounce territory
• Step 2: Trump believes him and pressure Zelensky to accept an immediate cease fire
• Step 3: Zelensky accepts but Putin explains he also wants regime change and complete demilitarization before negotiating a cease fire
• Step 4: even Trump find this unacceptable and don’t talk to Putin for a month
• Go to step 1

I think we are at the end of the third or fourth loop.