A negotiated settlement would mean appeasing Pootie-Poot to a some extent, and no good can come from that.
“...appeasing Pootie-Poot to a some extent...”
according to the British and French intelligence services Putin has cancer and scheduled for surgery. He may finally realize he is mortal and the end is near. If that information is true, Putin could well take a different role and accept a just peace (whatever a just peace is) and try to repair the monster legacy he has earned.
I know - wishful thinking, but hope springs eternal!