It’s not a genocide yet I suppose, if you define such a thing purely by percentage dead, but it certainly seems like Israel would like to do a nice big genocide, and like what they’re doing shares many characteristics with the actions of a country engaging in a genocide.
In agreement with the other commenter, the loss of life implicit in depriving so many people of homes, food, clean water, and medical care can’t be justified even if it results in the elimination of hamas after a long process of starving them out. I’m no expert, but I’d advocate a response that ensures Israel cannot be hurt by further attacks, cuts hamas off from arms or reinforcements, then negotiates the release of hostages. What they’re doing instead is needlessly murdering tens of thousands of innocents, and I can’t imagine that number remains in the double digits by the end of this.