When the possible ruling on tariffs was announced, the market reacted to fear and uncertainty, not to the fact itself. Prices moved because something could happen.

Now, with the confirmation that there will be no immediate decision and that everything is postponed to February, that risk ceases to be 'urgent' and takes a back seat.

👉 What does the market do in such cases?

It returns to the levels where there was prior consensus, that is, to the prices at which the majority felt comfortable operating before the noise.

The key reasons why prices tend to stabilize:

1️⃣ The uncertainty is already 'assimilated'

There is no new actionable information. Without a ruling, there is no real change in flows, taxes, costs, or corporate profits. The market stops paying a premium for fear.

2️⃣ The urgency narrative is deactivated

When something is postponed, impulsive decisions disappear. Traders stop covering themselves 'just in case' and volatility decreases.

3️⃣ Previous value levels return

Major participants usually return to operate in:

High previous volume areas

Levels where there was accumulation before the news

This generates stability and well-defined ranges.

4️⃣ Capital refocuses on real macro factors

Inflation, rates, liquidity, corporate results…

Tariffs are still there, but without an immediate ruling they do not dominate the daily narrative.

In crypto, this is even more noticeable

Bitcoin and cryptos react strongly to macro noise, but when the event is frozen, the price usually:

Consolidates

Rebalances liquidity

Returns to key technical zones

Not because the problem disappears, but because there is no new catalyst to justify continuing to shift the price.