The October 8th Ukrainian attack on the Kerch Bridge connecting Russia to Crimea set a new phase of the war in motion. Ukraine will likely continue to capitalize on its new-found momentum while Russian forces are increasingly caught in a precarious position. In this brief note, we analyse new developments we will likely see in the war while providing a unique perspective of how both sides will likely fare in the coming months. This report also provides additional insight into the Kremlin's changing rhetoric around their nuclear redlines, which is in line with our previous analytical piece titled "Will Putin Use a Nuclear Weapon?" published on September 23rd, 2022.