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Definition
A very large upward price move. To the moon.
Mooning means going up sharply. The phrase is ancient by internet standards and now mostly ironic.
When you see it used sincerely and constantly, it is usually a decent sentiment indicator that things are overheated.
In practice
A chart posted with rocket emojis is a sentiment reading, not analysis.
What people get wrong
That moon is a target. It is a mood. Nobody using the word has a price in mind, which is what makes it useful for selling and useless for planning.
Common questions
What does mooning mean exactly?
A very large and fast move upward, with no particular threshold. It is a mood rather than a measurement.
Is "wen moon" a real question?
It is a joke about impatience. Asked in a project chat it is usually a way of pointing out that nothing has happened lately.
Where to go next
FOMOFear of missing out, and the most reliable way to buy a local top.Bull marketA sustained period of rising prices and rising optimism.All time high (ATH)The highest price an asset has ever reached.
More culture terms
Want this explained out loud?
Some of these land faster in conversation than in writing. Sessions are one to one and you can ask anything, including the things that feel too obvious to ask.