According to @rovercrc, Bitcoin hit a 7-day high on Sep 12, 2025, signaling fresh upside in BTC price action. Source: @rovercrc on X, Sep 12, 2025. The post did not specify the price level or exchange, so traders should verify the 7-day high on their BTCUSD or BTCUSDT live feed before taking positions. Source: @rovercrc on X, Sep 12, 2025. In technical analysis, printing a new week-over-week high is a common breakout condition that short-term traders monitor, often seeking confirmation via volume expansion or pullback retests. Source: CMT Association technical analysis guidelines.

According to Skew Δ, there is a notable purge in open interest (OI) across most pairs on Bybit, with BTCUSDT experiencing a reduction of 12,000 BTC in OI. During such market disruptions, funding rates and perpetual contract pricing often undergo adjustments, typically stabilizing later. Source: Skew Δ.