According to ME News, on March 6th (UTC+8), although Ethereum rebounded 22% from its February 24th low of $1800, its price movement remained constrained by macroeconomic factors. The annualized premium for ETH futures was well below the 5% neutral threshold, and the options skewness index rose to 7%, indicating that professional traders remained cautious, adding uncertainty to the market. On-chain data showed that Ethereum network DEX weekly trading volume fell from $20.2 billion a month ago to $12.6 billion, and DApp revenue declined 47% week-on-week to $14.1 million. Despite the weak on-chain metrics, Ethereum still dominates in terms of total value locked (TVL), accounting for nearly 65% of the entire blockchain market's TVL, including Layer 2. Ethereum's mainnet TVL reached $55.4 billion, far exceeding its main competitor Solana's $6.8 billion, reflecting institutional investors' preference for decentralization. (Source: ME)