China's lithium carbonate futures hit new highs this week—the most active contract jumped over 11%, reaching 172,740 yuan per ton. What's driving this? Growing EV demand and battery production cycles keep pressure on supply chains. For traders watching macro trends, this matters: commodity supercycles often correlate with broader market sentiment, including digital assets. When traditional commodities heat up like this, it typically signals inflation concerns or strong industrial demand—both factors that historically influence crypto market positioning.