This tutorial mainly uses Photoshop's layer styles to create engraving effects.
First prepare the materials.
Open the above image in Photoshop, then switch to the Channels panel and create a new channel. Open the image material below.
Then press Ctrl+A to select all, press Ctrl+C to copy, then close the file, select the newly created channel, and press Ctrl+V to paste. Then hold down Ctrl and click on the new channel to load the selection.
Then switch to the Layers panel and create a new Levels adjustment layer.
The color levels are set as follows.
Then double-click the Levels adjustment layer and add the following layer style.
Then hold down the Ctrl key and click the Levels adjustment layer, load the selection, and execute "Filter", "Others" and "Displacement".
Final effect.
If the layer created above is not a level adjustment layer, or is made using other materials, other effects can be achieved.