The agreement, according to Hamas, was reached through the Qatari envoy who had mediated.
Hamas has reached new understandings with Israel to de-escalate the situation in the Gaza Strip, it announced Monday night. 
The announcement, published by the office of Hamas leader Yahya Sinwar, said the understandings were reached “after a round of discussions and contacts, including with Qatari envoy Mohammed al-Emadi.”

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The media, and Left wing pundits celebrated a "cease fire" agreement between Israel and Hamas.  

Just a few thoughts:  

1. The Arabs excel at "cease fires", and then continue attacks.  If the victim (Israel), retaliates, then we are "breaking the ceasefire".

2. Payment to Hamas has increased from $15 Million per month to nearly $40 Million.  This is a good game for them.  "Protection Money", while still attacking Israel.  With this pattern in place, Hamas should be getting over $100 Million per month, within a year. 

3. The terror balloon attacks are continuing, and Hamas is learning how to increase their range to hit further unsuspecting targets within Israel.

4. Get ready for another escalation.

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