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I don't think Yeltsin ever had designs on conquering Ukraine or anything close to that. He was upset that the USA does not treat Russia as an equal partner (this inferiority complex goes back centuries deep), and felt Russia is being humiliated by the West taking unilateral steps without Russia getting some respect in return. Also, he was very upset that NATO actions may jeopardize his chances on the coming elections - due to the pressure from the anti-Western fractions that perceived him to be too pro-Western. It is both about respect and about internal politics, but not really about any imperialist designs. TBH, his complaints about lack of respect were not entirely baseless - Russia lost the Cold War (or USSR did, and Russia took over the business after that), and while they still wanted the same stance as USSR used to have, they really didn't have that kind of pull anymore. So the nature of the disagreements was substantially different back then.

1994 also was exactly when the infamous Budapest Memorandum was signed. When Russia and USA (and UK) agreed to be partners in security the existing borders of Ukraine, in exchange for which Ukrainians gave up their Soviet nukes. We all know how well that worked out.