What Up means
An Up selection benefits when the relevant reference price moves favorably above the entry context under the product rules. A lower price is adverse. This sounds simple, but the wager can still reach its loss boundary before a longer-term opinion becomes correct.
What Down means
A Down selection benefits from favorable downward price movement and is harmed by upward movement. It is not short ownership of a crypto asset and does not create a traditional brokerage position.
Use Play Money to place otherwise identical Up and Down scenarios. Watch how the same price movement produces opposite directional effects.
Reference price matters
The product uses a referenced market price according to its rules. A price seen on another exchange, app or chart may not match every instant exactly. Read the value displayed in the Moon.com wager panel rather than assuming an external chart is the settlement source.
Timing and loss boundaries
A direction can ultimately be correct while a leveraged wager is still lost earlier. High leverage brings the adverse boundary closer to entry, leaving less room for ordinary volatility. Direction, leverage and time must therefore be reviewed together.
No signal is guaranteed
Recent momentum, social sentiment, chart patterns and news can all fail. This guide explains product mechanics and does not predict Bitcoin, Ethereum or any other market. Treat every directional choice as uncertain.
Keep the live interface authoritative
Product conditions can change. Read Moon.com’s current terms, displayed fees and wager summary before every confirmation.