In recent times, the Bitcoin market has seen an uptick in risk due to significant price surges and subsequent growth in unrealized profit margins for investors. Despite this, a close examination of market demand trends for Bitcoin, based on on-chain data, reveals a strong momentum of demand even in the short term.

Bitcoin has demonstrated a suitable response and the capacity to uphold two realized price metrics. It has, thus far, successfully maintained its demand trend in the short term. This implies that as long as Bitcoin's price remains above the average realized price of highly active addresses and short-term whales, the short-term price trend remains firm, favoring price growth.