A claim that is repeated ad nauseam, but entirely without evidence. Reminder: At the beginning of the year the BBC had a count of 20k. You can double or triple that if you like but it’s never going to be close to what (pro-)Ukrainians claim.
Also: The number of Wagner fighters gets way exaggerated. They were at a numerical disadvantage till the end.
managed to build up an enormous defense around the city
That’s not how it works. They spent years turning Bakhmut into a giant fortress city. (They even wrote that stupid song about it.) They fought tooth and nails over it. They rotated dozens of brigades through it, an untold number of men. But it just was not enough.
This is not their last shot at a defense in the region, but it was their best.
offense has been effectively halted
What offense? Only major Russian operation so far this year was Bakhmut. They are not in a rush.
So they can rule the ruins of Bakhmut, for a little while?
Couple months ago, per Zelensky, Bakhmut was strategically vital and not to be lost. Let me guess, a ruse? “Dumb orcs hehe”
The Ukrainians will push back now.
Oh, they will almost inevitably do something, somewhere. But the fact that they managed to retake a lightly-defended area that one time gives people all kinds of crazy ideas. Sure, they will probably manage an advance somewhere (at great cost, of course), get stuck after a couple days … and then what? Think Putler’s just going to nope out of the war because Twitter NAFOids are in ecstasy?
My bet is they will encircle what's left of Bakhmut
How? With what units? Not only did they send their best units to Bakhmut, they had to send some of their fresh, Western-trained ones too. Which were under strength in the first place.