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.
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Some more context from a BBC article
But Yair Lapid, one of Israel’s most influential opposition politicians, was quick to offer his backing to the embattled prime minister. His Yesh Atid (There is a future) party hold 24 seats. He said the prime minister “has our safety net for a hostage deal if Ben-Gvir and Smotrich leave the government”.