When trading with the 20-day moving average, it is essential to closely adhere to the core logic of "moving average determines direction, candlestick signals entry, position controls risk." The specific operational details are as follows:

Moving Average Direction: First, look at the slope of the 20-day moving average - when it is sloping upwards, the general direction is bullish, only take long positions; when it is sloping downwards, the direction is bearish, only take short positions; when it is flat, it is considered a consolidation and no action should be taken. The direction of the moving average on the 4-hour chart is more stable and is more suitable for beginners to refer to first.

Candlestick signals: To go long, the price must stabilize above the moving average, and there must be two consecutive Candlestick closing prices above the moving average, with the second Candlestick not dropping below the moving average, which is considered a valid signal; to go short, the price must drop below the moving average, with two consecutive Candlesticks closing below it, and no rebound back above the moving average. A single Candlestick breakout does not count, to avoid false signals.

Position control risk: When the trend is clear (the slope of the moving average is steep, and the price is far from the moving average), a position of 50-70% can be built; when the trend is gentle (the slope of the moving average is small, and the price is close to the moving average), only 20-30% of the spot position should be established. The stop loss for Ethereum contracts is set 20-30 points outside the extreme value of the entry Candlestick, suitable for short-term trading on 15-minute or hourly charts, while the stop loss on the 5-minute level can be smaller. Take profit looks at previous highs and lows or the turning point of the moving average—if a long position breaks below the moving average and cannot recover, immediately liquidate the position, and the same goes for short positions.

Remember: Do not open positions against the direction of the moving average, do not enter when the Candlestick signals are ambiguous, and do not heavily bet on one side. Simple logic + strict execution of ten position management will ensure that each trade is well-founded.