These sorts of wars are very rare in the modern era. They gambled entirely because they faced an army they were 10x the size and they got embarrassed. There's near zero strategic logic in trying again vs NATO after they lost most of their fancy gear.
They would still have to contend with an insurgency on occupied territory, but that is something Russia has considerable experience with, including Ukraine in the past (mopping up the remaining nationalist resistance after WW2).
And despite how things have fared in Ukraine thus far, the Baltics are a much softer target. If Ukraine does end up falling to the Russians, it’ll be used as a springboard by the Russians, potentially supported by Ukrainians disillusioned with the West’s betrayal. It would certainly not be the first time that Russia has annexed Ukraine and mobilized its people against Russia’s foes.