Bitcoin's realized price analysis, focusing on UTXO age bands, offers insights into market trends. The data highlights the behavior of short-term holders who acquired Bitcoin between 1 week to 3 months ago. Historically, upward trends in these bands have signaled the onset of bull markets, as seen in late 2020 and early 2024. Conversely, at market peaks like April 2021 and March 2025, the realized price often flattens, indicating profit-taking by short-term holders. Currently, the downward curve in the 1m–3m cohort's realized price suggests potential market cooling, pointing to possible consolidation after Bitcoin's peak above $100K.