The Crouching Panda occurs when you are climbing a flight of stairs and you trip on a step. You put your hands out and catch yourself before you break your face on the steps. This position you are in is called the "Crouching Panda". If this occurs at school, your backpack may fly over your head and block your vision possibly causing you to trip some more. This makes the "Crouching Panda" twice as funny to see and three times more embarrassing.
"Dude, i was checkin' out this girls ass when i was going up the stairs, and i pulled a crouching panda. It was so embarrassing..."
by Chase61 January 26, 2010