The term "blow out of proportion" means to exaggerate or amplify a situation beyond its actual importance or significance. However, there are several antonyms for this phrase, which connote the opposite meaning. Some of these antonyms include understatement, downplaying, minimizing, playing it cool, keeping it in perspective, and not making a mountain out of a molehill. These antonyms suggest a more rational, balanced approach to dealing with any situation, without resorting to dramatic hyperbole or overreaction. By using these antonyms, we can ensure effective communication and avoid unnecessary conflicts and misunderstandings.