iPhone 14 Pro Max Attempting Data Recovery Screen

What should I expect after “Attempting data recover” on iPhone 14 Pro Max?

I woke up and the apple logo was flashing, I did a force restart and connected to the iMac and it updated the iPhone but it has a message on the screen "Attempting Data Recovery".

It's very confusing as it feels like apple wants its users to be forced into buying a new iPhone 15 which was just released.

I have enough storage on my iPhone and all my photos are on iCloud.

I hope I don't lose data.

Please help, anyone.