$ETH Reference teaching, both long and short practical operations.

$ETH (How to operate the current Ethereum contract?)
The following chart has been used for over a week,
↓
Multiple times both long and short positions were taken. Updates are available.
↓
In the 4-hour timeframe, draw a line at the top of the candlestick body, and do the same at the bottom.
Stop-loss level.
Place shadow lines at the highest and lowest, above.
↓
Note, in such market conditions, if it doesn't touch the two lines you drew nearby, don't even think about entering the market.
Being caught in the middle has a very high probability of directly losing or turning profits into losses.
↓
In fact, if you don't understand the volatile market, just switch to a larger timeframe and you'll see it clearly.
In simple terms, it's just a doji star.
Eventually, there will be a breakout.
Currently, it appears to be overall upward volatility, with both highs and lows being raised.
This is under the condition of no external influences, such as macroeconomic factors.
Doug's perspective:
If you don't like frequent trading, then consider holding a position at the bottom line.
Break above the shadow line to form a second buying position for adding to your position.