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That's right, he's afraid of losing power. But he can't stay silent forever and pretend that nothing is happening. Right now, he has two options: either resign or try to suppress the protests; there is no third option. He clearly doesn't intend to resign, so he will provoke clashes and deploy troops.

It's not difficult for me to repeat. If a bloodbath starts, the Americans and their allies will actively help, as they have done many times before in Yugoslavia, the Middle East, etc. Do you think Yanukovych wants that? ;) Representatives of the EU are already hanging around Maidan, inspecting whether the people are protesting correctly. And if such an excuse appears, then "helping" will be a sacred duty.

Added 2 minutes later
In general, respect for the troll.