Estonia: Remaining at 1% chance, unlikely but Estonia wouldn't be doing this if they didn't think there was reason:
https://www.defensenews.com/global/europe/2025/12/12/estonia-erects-first-of-600-strong-baltic-bunker-wall-on-russia-border/
FTA: Estonia has begun installing the first concrete bunkers along its southeastern border with Russia as part of the Baltic Defense Line, marking a key milestone for the trilateral fortification project despite delays.
Five bunkers were awaiting installation as of this week, with Estonian officials targeting 28 bunkers in the ground by year’s end, according to Krismar Rosin, press officer for the Estonian Centre for Defence Investments. The initial batch represents the first phase of a 600-bunker network designed to strengthen the European Union’s and NATO’s eastern flank.
Latvia: no real news that I could find, but they have elections in 2026 which could affect Putin's eagerness to invade them. But remaining at less than .5% chance at this point.
Lithuania: Moving up a point. Unlikely, but again, NATO wouldn't be doing this if they didn't think it was necessary IMHO
https://www.military.com/daily-news/investigations-and-features/2025/12/15/germany-construct-defenses-poland-deploy-more-troops-lithuania-russian-threat-nato-grows.html
FTA: European nations are constructing a defensive wall along NATO's eastern frontier as Western intelligence agencies warn Russia could be militarily capable of attacking the alliance within five years. To assist with the construction of defensive works, German forces are returning to the region on a permanent basis for the first time since World War II.
Why do you think you're right?
Affirming, I'm waiting to see what January and February bring. I expect the 2025 pattern to continue, but if it doesn't I'll be adjusting higher.
Why might you be wrong?
Next year may bring new unexpected opportunities and challenges.
In the meanwhile, we just had an addition of 18.7M by a German company: https://www.randforecastinginitiative.org/comments/211284 😉