The two trends in Bitcoin Chart 2 are based on 76,000 as the rebound endpoint:

Red: Starting from 76,000, a new downtrend begins. Recently, BTC hit a new high above 60,000 and a low below 65,000 (e.g., 62,000–63,000), completing the first wave of decline. Then it rebounds against the first wave, and after the rebound ends, a second wave of decline begins, which will break below 60,000.

Blue: Breaks through 60,000 directly and continues downward.

Therefore, the main task moving forward is to short on rallies, of course, I am referring to trend shorts.