<p>TradingKey - 納斯達克解除限制未能抵消中東緊張局勢，資本持續湧入原油市場；比特幣價格缺乏關鍵支撐。</p><p>在 3 月 9 日（GMT+8），比特幣價格延續下跌，早盤一度跌破 66,000 美元，隨後反彈至 67,000 美元以上。在過去四天中，比特幣持續下行，累計下跌約 10%，再次抑制了新興的上漲動能。</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2026/0e2328b7e8783b0a9731fc57c9fcdc61?x-oss-process=style/lg" alt="" width="1829" height="855" original-src="https://pub.pbkrs.com/uploads/2026/0e2328b7e8783b0a9731fc57c9fcdc61"/></figure><p>比特幣價格走勢圖，來源：CoinMarketCap</p><p>最近，全球第二大交易所納斯達克宣佈取消對比特幣 ETF 的各種限制，取消了期權的 25,000 合約限制，併為機構和散户交易者消除了進入壁壘，允許任何投資者在其平台上交易比特幣 ETF。儘管納斯達克獲得了監管批准，市場的反應為何如此平淡，幾乎無視這一利好消息？</p><p>自 2025 年 10 月以來，比特幣價格從高位回落，最大回撤超過 50%。這種極端波動嚴重打擊了投資者信心，使市場陷入低迷。在這種背景下，納斯達克取消比特幣 ETF 限制並未構成實質性的積極催化劑，難以吸引資本流入。</p><p>此外，中東局勢惡化導致大量資本湧入原油市場。今天早上，國際油價上漲超過 30%，WTI 原油（USOIL）價格一度觸及每桶 112 美元，創下自 2022 年俄烏戰爭以來的新高。自 2 月 28 日美國與伊朗衝突爆發以來，原油價格持續飆升，在不到六個交易日內上漲超過 60%。</p><figure class="image"><img src="https://pub.pbkrs.com/uploads/2026/1d72ec8f4a19fe97f07a0055652f1697?x-oss-process=style/lg" alt="" width="1827" height="858" original-src="https://pub.pbkrs.com/uploads/2026/1d72ec8f4a19fe97f07a0055652f1697"/></figure><p>WTI 原油價格走勢圖，來源：TradingView</p><p>目前，中東局勢沒有緩解跡象，原油成為全球最受追捧的資產，而股票和加密貨幣等風險資產仍然承壓。今天，亞太市場遭遇 “黑色星期一”，日本和韓國股市均下跌超過 5%；黃金（XAUUSD）和白銀（XAGUSD）今天均下跌超過 1%。</p><p>由於地區不穩定，包括伊拉克和科威特在內的多箇中東國家已宣佈減產或暫停生產。為了安撫市場並壓制油價，美國聲稱不會針對伊朗的能源基礎設施；然而，伊朗並未受到影響，威脅要攻擊鄰國的石油設施——這可能是伊朗對美國反擊的另一種策略。</p><p>上週日，伊斯蘭革命衞隊（IRGC）的一位發言人表示：“如果你能承受每桶超過 200 美元的油價，那就繼續這個遊戲。” 展望未來，只要衝突持續，資本將繼續流入原油市場，可能導致加密市場進一步流出，並抑制比特幣價格。</p><p>瞭解更多</p>

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<p>納斯達克最近解除比特幣 ETF 限制並未對比特幣價格產生積極影響，比特幣價格在跌破 66,000 美元后略有反彈。在四天內，比特幣下跌了約 10%，反映出投資者在重大波動中持續的不確定性。同時，中東地區緊張局勢升級，推動資金流入原油市場，價格上漲超過 30%。這種地緣政治不穩定導致包括加密貨幣在內的風險資產面臨壓力，投資者更傾向於投資原油而非比特幣，從而進一步壓制了加密市場的價格</p>

<p>TradingKey - Nasdaq's lifting of restrictions fails to offset Middle East tensions as capital continues to pour into the crude oil market; Bitcoin prices lack key support.</p>
<div class="lb-trans"><p>TradingKey - 納斯達克解除限制未能抵消中東緊張局勢，資本持續湧入原油市場；比特幣價格缺乏關鍵支撐。</p>
</div><p>On March 9 (GMT+8), Bitcoin prices extended their decline, briefly dipping below $66,000 during early trading before rebounding to above $67,000. Over the past four days, Bitcoin has trended downward continuously, with a cumulative drop of approximately 10%, stifling the nascent bullish momentum once again.</p>
<div class="lb-trans"><p>在 3 月 9 日（GMT+8），比特幣價格延續下跌，早盤一度跌破 66,000 美元，隨後反彈至 67,000 美元以上。在過去四天中，比特幣持續下行，累計下跌約 10%，再次抑制了新興的上漲動能。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260309/bitcoin-btc-price-5902d2677a3c457abf662eac5eeae09c.png" alt="" original-src="https://resource.tradingkey.com/uploads/20260309/bitcoin-btc-price-5902d2677a3c457abf662eac5eeae09c.png"/></p>
<p>Bitcoin price chart, Source: CoinMarketCap</p>
<div class="lb-trans"><p>比特幣價格走勢圖，來源：CoinMarketCap</p>
</div><p>Recently, Nasdaq, the world's second-largest exchange, announced the removal of various restrictions on Bitcoin ETFs, eliminating the 25,000-contract limit on options and removing entry barriers for both institutional and retail traders, allowing any investor to trade Bitcoin ETFs on its platform. Despite Nasdaq receiving regulatory approval, why has the market's response been so lackluster, effectively ignoring this positive news?</p>
<div class="lb-trans"><p>最近，全球第二大交易所納斯達克宣佈取消對比特幣 ETF 的各種限制，取消了期權的 25,000 合約限制，併為機構和散户交易者消除了進入壁壘，允許任何投資者在其平台上交易比特幣 ETF。儘管納斯達克獲得了監管批准，市場的反應為何如此平淡，幾乎無視這一利好消息？</p>
</div><p>Since October 2025, Bitcoin prices have retreated from their highs with a maximum drawdown of over 50%. This extreme volatility has severely dented investor confidence, leaving the market in the doldrums. Against this backdrop, Nasdaq's removal of Bitcoin ETF restrictions does not constitute a substantial positive catalyst and struggles to attract capital inflows.</p>
<div class="lb-trans"><p>自 2025 年 10 月以來，比特幣價格從高位回落，最大回撤超過 50%。這種極端波動嚴重打擊了投資者信心，使市場陷入低迷。在這種背景下，納斯達克取消比特幣 ETF 限制並未構成實質性的積極催化劑，難以吸引資本流入。</p>
</div><p>Furthermore, the deteriorating situation in the Middle East has spurred a massive influx of capital into the crude oil market. This morning, international oil prices surged by over 30%, with WTI crude oil ( USOIL ) prices briefly touching $112 per barrel, hitting a new high since the 2022 Russia-Ukraine war. Since the outbreak of the U.S.-Iran conflict on February 28, crude oil prices have continued to soar, skyrocketing over 60% in less than six trading days.</p>
<div class="lb-trans"><p>此外，中東局勢惡化導致大量資本湧入原油市場。今天早上，國際油價上漲超過 30%，WTI 原油（USOIL）價格一度觸及每桶 112 美元，創下自 2022 年俄烏戰爭以來的新高。自 2 月 28 日美國與伊朗衝突爆發以來，原油價格持續飆升，在不到六個交易日內上漲超過 60%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260309/oil-wti-price-88f085f5653142b79f5722cb6e0ef858.png" alt="" original-src="https://resource.tradingkey.com/uploads/20260309/oil-wti-price-88f085f5653142b79f5722cb6e0ef858.png"/></p>
<p>WTI crude oil price chart, Source: TradingView</p>
<div class="lb-trans"><p>WTI 原油價格走勢圖，來源：TradingView</p>
</div><p>Currently, the Middle East situation shows no signs of easing, leaving crude oil as the world's most sought-after asset while risk assets like stocks and cryptocurrencies remain under pressure. Today, Asia-Pacific markets faced a &#34;Black Monday,&#34; with Japanese and South Korean stocks closing down more than 5%; gold ( XAUUSD) and silver ( XAGUSD) both fell more than 1% today.</p>
<div class="lb-trans"><p>目前，中東局勢沒有緩解跡象，原油成為全球最受追捧的資產，而股票和加密貨幣等風險資產仍然承壓。今天，亞太市場遭遇 “黑色星期一”，日本和韓國股市均下跌超過 5%；黃金（XAUUSD）和白銀（XAGUSD）今天均下跌超過 1%。</p>
</div><p>Due to regional instability, several Middle Eastern countries, including Iraq and Kuwait, have announced production cuts or suspensions. To soothe the market and suppress oil prices, the U.S. claimed it would not target Iranian energy infrastructure; however, Iran has not been swayed, threatening to attack neighboring oil facilities—potentially another tactic for Iran to strike back at the U.S.</p>
<div class="lb-trans"><p>由於地區不穩定，包括伊拉克和科威特在內的多箇中東國家已宣佈減產或暫停生產。為了安撫市場並壓制油價，美國聲稱不會針對伊朗的能源基礎設施；然而，伊朗並未受到影響，威脅要攻擊鄰國的石油設施——這可能是伊朗對美國反擊的另一種策略。</p>
</div><p>Last Sunday, a spokesperson for the Islamic Revolutionary Guard Corps (IRGC) stated, &#34;If you can withstand oil prices above $200 per barrel, then continue this game.&#34; Moving forward, as long as this conflict persists, capital will continue to flow into the crude oil market, potentially leading to further outflows from the crypto market and keeping Bitcoin prices suppressed.</p>
<div class="lb-trans"><p>上週日，伊斯蘭革命衞隊（IRGC）的一位發言人表示：“如果你能承受每桶超過 200 美元的油價，那就繼續這個遊戲。” 展望未來，只要衝突持續，資本將繼續流入原油市場，可能導致加密市場進一步流出，並抑制比特幣價格。</p>
</div><p>Find out more</p>
<div class="lb-trans"><p>瞭解更多</p>
</div>

Nasdaq Lifts Bitcoin ETF Restrictions; Why BTC Price Falls Instead of Rising

- 納斯達克解除比特幣 ETF 限制未能吸引資本流入，市場反應平淡。  
- 比特幣價格持續下跌，跌幅約 10%，反映市場低迷。  
- 中東局勢緊張推高原油價格，國際油價創下新高。

納斯達克解除比特幣 ETF 限制；為何 BTC 價格不升反降