My situation is that every loop plays the same role, if I undo any
loop all will become undone!
Exactly that is the case: If one removes the red link, the other 4 links are free, this is obvious and you have seen it too.
But what happens, if one removes the most inner (the cyan) rectangular link? Now one can weave out the read one (do it in your mind) and the other three are then free. The same holds for every of the rectangular links. So they have all the same topological quality.