I don't think Russia can turn back the wheel. But I wouldn't rule out Russia using its nuclear arsenals to intimidate Eastern European countries and force them to have more neutral stances. From my perspective, Russia's inability to quickly subdue Ukraine resistance has made its ultimate goal of pushing back NATO to pre-1997 almost impossible.Thing is, the Monroe Doctrine of the US never really went away, while Russia lost its grip on its sphere of influence for about 15 years. Stopping the NATO eastward advance is one thing, turning back the wheel to 1997 another. The latter is, in my opinion, just not possible. The west used a period of Russian weakness to encroach on its soi, Russia should just stop the further encroachment and call it a day. The window of opportunity for the minor countries surrounding Russia to slip into the arms of NATO is closed. The west should have accepted this fact.
However, even if Russian's objective of pushing NATO pre-1997 couldn't be achieved, it doesn't mean Russia would simply give up. If Russia can emerge victory in Ukraine, then it would be able to threaten many Eastern European countries. There would be enormous pressure for these countries to rearm and militarize. The question is can these countries rely upon NATO for protection. If these countries have doubt for NATO commitment especially the US, then they might choose to take a more neutral stance or a new organization would emerge which is a United European army. For both instances, NATO would be weakened and Russia would achieve some of its objectives and remove imminent threats of NATO in the next door.