According to @milesdeutscher, the current market phase is mentally challenging as altcoins are bleeding while some traders profit from aster/plasma strategies, creating simultaneous losses and FOMO, source: Miles Deutscher on X, Sep 26, 2025. He cautions that social feeds are rife with survivorship bias, which can distort perception of realistic outcomes and lead to poor decision-making, source: Miles Deutscher on X, Sep 26, 2025. He warns that the worst responses now are giving up or revenge trading and advises refining one’s edge and focusing on asymmetric opportunities—setups with limited downside and larger upside—to navigate the drawdown, source: Miles Deutscher on X, Sep 26, 2025.