The small-scale downward trend is intact

$BTC ‌#比特币现货交易量新低
From the one-hour chart, it is in a downward trend. The perfect scenario is to complete three waves. Currently, two waves have been completed. After the third wave, a breakout above the trend line would indicate an upward move. If it doesn't complete the third wave and directly breaks through the secondary high of 78,265, then the downward structure is broken. Looking at the trend, it seems unlikely to break upward.

From the 15-minute chart, the first wave of decline has occurred, retracing to the Fibonacci 0.5 level. If an extension of the decline occurs, the target should be around 73,800. The good point of 76,473 seen earlier on the 15-minute chart faces selling pressure, and the recent breakout was quickly crushed down.

Overall, the probability of completing three waves and reaching around 73,800 is very high.