A rising moon, barely risen, can be red and weird looking since it's got to "shine" through so many layers of atmosphere and pollution. Just like the sun become red at dusk or is red at dawn, this can happen to the moon. To me, such red moon is always looking frightening.
However, I've never seen it that ROUND in shape ("round" as in "ball" not "circle") when it's just barely risen, but huge and very flat. This surprises me so about this photo, and this is why I tend to agree that it looks like a basketball...