According to Miles Deutscher, the recent altcoin dip has been particularly harsh on retail investors, marked by significant losses due to high volatility and a lack of liquidity in the market. Deutscher highlighted that many retail investors were caught off guard by the rapid depreciation of altcoin values, leading to forced liquidations and substantial financial setbacks. This downturn underscores the risks associated with volatile altcoin markets, especially for those without diversified portfolios.