Bitcoin kicked off the year strong, pushing up to $95.6K before pulling back. Here's what caught attention: the price is now trading right inside a major supply zone spanning $93K to $110K—a level forged during the heavy distribution phase back in mid-2025 when long-term holders were offloading.

What's interesting? Every single bounce into this range since November has hit resistance near the lower boundary. The pattern keeps repeating itself at the same price point. It's the same zone. Same rejection. The technical picture suggests this level isn't random—it's a battleground where buyers and sellers have repeatedly clashed, and sellers have consistently held the upper hand during each rally attempt.