Completely occupying Palestinian land has been the plan for over half a century.
With this terrorist attack, Israel is trying to wrap it up.
They could have completed their colonization under the guise of righteous vengeance, but:
That now has very little chance of succeeding because of three important factors 1) it’s taking much too long 2)they’re indisputably committing witnessed, recorded and shared war crimes and 3) the goodwill they’ve accumulated for 70 years as a stabilizing ally is wearing off pretty quickly.
There’s more support for Palestine now than there has been with these same Israeli attacks occurring for the past 70 years.
Palestine is officially recognized by 145 countries or so at this point.
So, likely scenario is there’s going to be a ceasefire eventually and a similar paltry amount of land will be given to a nascent “official” Palestinian authority under the practical authority of Israel, which is not ideal, but it might actually result in the beginning of a two-state solution that’s been suggested since Israel became a country.
In practical terms, Palestine getting a “country”, not much will change between Israel and Palestine because the establishment of Palestine doesn’t affect the fundamental religious conflict between the two.