It seemed to my eyes that many conservatives were treating this as a great victory for Trump. I don't think that's the correct framing. His opponents were expecting a great defeat for him that turned into a mere neutral. It was a bomb that was not dropped, or one that dropped but did not explode. This is not anything that shows what a great guy Donald Trump is or how well he ran his campaign.
Certainly, if a person is accused of a crime and they are shown to have not committed it, it feels like a sort of victory. I would certainly feel that way myself. Still, it's not the same thing.
What this is is an enormous defeat and embarrassment for the media and Trump's critics. They have been shamed and humiliated, not just because they expected something that didn't happen - we all have been guilty of that many times in our lives - but because they quite openly relied on speculation rather than hard facts, and refused to believe that anyone on their side had been in the least questionable about gathering information. They believed liars, and believed them repeatedly. In front of God and everyone.
The distinction is important, because there will be a backlash, and Trump may not be the target of it. The president is of course the preferred target, but emotions spill out when they do, not according to grand plan.