Hamas is losing and everyone knows it.
More than 200 Palestinians have been killed so far in the current round of fighting while the number of dead Israelis amounts to a grand total of one.
That’s almost certainly the reason Hamas rejected the Egypt-proposed cease-fire agreement. So far it has accomplished practically nothing. A small band of serial killers on the West Bank managed to murder more Israelis a couple of weeks ago than Hamas can manage with its entire missile arsenal now.
It’s pathetic, really, and must be extraordinarily humiliating.
The Middle Eastern habit of declaring victory after getting your ass kicked has a long pedigree. Egypt did it after losing the 1973 Yom Kippur War. North Korea built a hysterical propaganda museum in Cairo commemorating that make-believe victory, but at least that particular fantasy is based on something. The Egyptian army did well against Israel for the first couple of days even though it lost in the end.
Hezbollah declared victory in the 2006 war despite the fact that entire swaths of its infrastructure were obliterated, but Hezbollah did inflict some serious damage and triggered a refugee crisis. Hamas couldn’t possibly base a victory boast on anything now.
The Israelis are seriously considering a ground invasion since Hamas won’t stop firing, but they’ve already proved to the population of Gaza that Hamas, even with its all its longer-range missiles, is capable of inflicting no more damage on the Zionist Entity than a lone killer armed with only a steak knife.