Many Arab-wise analysts look on this as nothing more that a Hudna, a muslim trick to stop the fighting when they're getting their tails handed to them. This allows them to regroup and make better preparations for the next round of fighting.
... "As for Hamas, they have proven time and again their commitment to a tactical hudna — replenishing their strength during the quiet periods, then returning with increased deadliness. As recently documented by The Washington Institute, Hamas agreed to no less than ten ceasefires in the past ten years, and after every single one returned freshly armed for terror. Hundreds of Israeli citizens have paid for these hudnas with their lives." ...
10:29 P.M. Sources in the Egyptian Foreign Ministry say Egypt has proposed a cease-fire outline to Israel and Gaza: The cease-fire will start at 9 A.M., meaning Israel will stop aerial, naval and ground operations against the Gaza Strip and promise not to engage in a ground offensive or harm civilians. At the same time, all the Palestinian factions will hold their fire...
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"This presents an obvious problem for Hamas.
"Also, Hamas made demands for a ceasefire, including the release of terrorists released in the Shalit deal but subsequently rearrested. If those demands are not met, Hamas’ inevitable claims of victory will be hard to play."
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"For the ceasefire to take effect, all the Palestinian terrorist groups would have to hold their fire. Who even knows if that could happen.
"What’s in it for Israel?
"For one, it avoids a ground invasion which almost certainly would have brought international condemnation upon it. For the first time the international community mostly sat this one out for the past week — remarkable actually. It reflects the understanding that Hamas and other terrorist factions started the conflict, and the isolation of Hamas from Egypt and other Arab countries.
"Israel didn’t achieve it’s goal of crushing Hamas, but it inflicted serious damage. Invading and holding Gaza again really is not an option.
"But no one should think this is the last of it."