Rewritten (English):
There is a clear structural reason why $BTC is reacting strongly in this area, and it relates directly to the broader cycle structure from 2021 to 2025.
This zone represents the longest consolidation period of the entire bull cycle. Between March and November 2024, Bitcoin moved sideways for roughly 259 days.
During this nearly nine-month phase, trading activity, open positions, and liquidity concentration were higher than in any other region on the chart across the four-year period.
Market zones like this often become powerful reaction areas when price returns. Long periods of accumulation do not simply disappear once the market moves to higher levels.
The liquidity and positions built during that phase remain in the system. When price revisits the area, the market typically has to interact again with that large pool of liquidity.
From a structural perspective, Bitcoin pulling back to this region is not unusual. It previously acted as the base that supported the move toward the $126,000 region, so a reaction here is relatively expected.
At the same time, because liquidity in this zone is extremely large, breaking through it on the first test is rarely easy.
Markets often require multiple tests, renewed liquidity buildup, and additional structure formation before they can decisively move through areas with such dense historical trading activity.