I had always used the present perfect tense for sentences such as "have done something x times in the last y hours" until I came across the following sentence:
"I'm eating pancakes for the fourth time in 6 hours"
Does it mean:
1)I'm eating pancakes for the 4th time in the last 6 hours (I have eaten pancakes thrice in the last 6 hours, and now I'm eating them for the fourth time in the same time period)
2)I will be eating pancakes for the 4th time in 6 hours time (will happen in the future)
Similarly, "I'm playing fifa for the second time in 4 hours"
1)I'm playing fifa for the second time in the last 4 hours (I have played it once in the last 4 hours, and now I'm playing it for the second time in the same time period)
2)I will be playing fifa for the second time in 4 hours time ( will happen in the future)
Also, I'm not sure whether (1) is grammatically correct. Present continuous doesn't sound correct some reason.