About the ceasefire that Hamas rejected ( so that more Palestinians will die):

"It's also important to note that the Arab League, Palestinian Authority President Mahmoud Abbas (who heads Hamas' rival Fatah), and the United States all endorsed the proposal.

Why Israel accepted it

Despite rejection of the ceasefire by two right-leaning members in Israel's cabinet, there was no reason for Israel not to accept it.

What now?

Hamas will continue to fire rockets and Israel will likely continue to respond with airstrikes and possibly a ground invasion if things get bad. Until Hamas finds a way to declare some kind of victory, it will continue to fight.

In a statement on Tuesday, Israeli Prime Minister Benjamin Netanyahu offered this assessment:

If Hamas rejects the Egyptian proposal and the rocket fire from Gaza does not cease, and that appears to be the case, we are prepared to continue and intensify our operation."
Hamas launched over 50 rockets from Gaza into Israel into the afternoon while Israel held its fire. The Israeli cessation is reportedly over and they have resumed airstrikes."