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At this point, was Hamas really fighting back or playing rope-a-dope.
Israel's current actions are militarily unopposed, right?
No. There's a reason they can't just walk through the tunnels in Gaza at will. If they do, Hamas will kill their soldiers.
It's a similar asymmetric dynamic we keep talking about in Ukraine. Hamas can't displace Israel from the places Israel is, but Israel can't eliminate Hamas and can't go into the places that Hamas holds. Hamas could have kept doing this for a very long time, as long as they held hostages; Israel could have kept doing this for a very long time, as long as Hamas held the hostages. The fighting could have gone on for quite a while longer.
