Netanyahu is under pressure to keep his coalition government intact. Two far-right partners have threatened to bolt in protest at any deal they deem to spare Hamas. A centrist partner, ex-general Benny Gantz, wants the deal considered. Hamas has provisionally welcomed the Biden initiative.
The electorate has short memories. Normally, I hate it. It’s why I predicted Biden wouldn’t do anything about marijuana until closer to the election (I was right!). But in this case, maybe that short memory will be a good thing lol. I think it’ll work if he can succeed and Israel doesn’t fuck it up (or Hamas, but it’s more likely to be Israel that is the problem since Hamas already agreed to a previous ceasefire that Israel rejected).