... significantly reducing concerns about sharp price spikes during the cold period. Russian Fuel Market: is increasingly being regulated by the state; such "manual" measures are likely to become the new norm in the near future to prevent supply crises. Global Energy Transition: renewable energy is setting records for new capacity installations while the coal industry is at a peak before an anticipated downturn. For companies and investors, this situation necessitates adapting to new realities: ...

... stimulus programs—this “easy money” often partially flows into Bitcoin and Ethereum in search of higher yields. On the flip side, risks cannot be ignored: a sudden spike in inflation or other economic shocks (e.g., geopolitical conflicts, energy crises) could lead to a return to tightening policies, cooling interest in crypto-assets. The key macro indicator is the Fed's key rate: an increase in May seems unlikely, but if the regulator's rhetoric turns hawkish again, Ethereum's growth may stall....

... economic cycle, presence of crisis phenomena or, conversely, recovery). The political situation is also important: a stable government, predictable legislation, absence of geopolitical tension create favorable conditions for business, while political crises or sanctions can negatively affect the securities market. The goal of this stage is to identify the global trend. If the economy is growing and the stock market is on the rise, the investor expects a generally favorable background for most companies ...