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Forces have pulled back to the lines agreed under Donald Trump's plan, the IDF says, but will continue to "remove any immediate threat" - what you need to know at a glance
Hamas has until 12:00 local time (10:00 BST) on Monday to release all Israeli hostages, while Israel will release hundreds of Palestinian detainees - here's how the next 72 hours are meant to play out
It comes after the Israeli government approved the first phase of Trump's ceasefire and hostage return deal
Under the deal, aid trucks are expected to start surging into help Gaza's two million people, most of whom have been displaced
While I’ve been in Hostages Square in Tel Aviv, I’ve also been receiving messages from people in Gaza.
Mother of three Walaa tells me she has been feeling "positive energy" since the deal was announced.
"I hope the war ends and quickly," she says.
But she says ongoing sounds of the Israeli military "terrify the heart" even though "they may just be withdrawing".
For context: Eyewitnesses have told the BBC air strikes continued into the early hours of Friday ahead of the implementation of the ceasefire. The IDF says it will continue to operate from its updated deployment lines "to remove any immediate threat"
Walaa gave birth to her youngest son in late August, and hopes that the deal means he will not grow up in a war zone.
"Thank God he is in a good condition. I’ve been afraid of running out of milk and diapers. But God willing, I will be able to provide that for him once the war is over," she tells me on WhatsApp.
As we’ve been reporting, the Israeli military has announced it has “begun positioning” its troops along the lines detailed in the ceasefire agreement. It says the ceasefire has now come into effect.
This means a 72-hour countdown has begun, during which Hamas must release all 20 hostages who are believed to still be alive. They must be handed over by 12:00 local time (10:00 BST) on Monday.
The exact details of their release remains unclear, but in previous hostage handovers they've been collected by the Red Cross which has transferred them to Israel. From there, they have been airlifted to Israeli hospitals for check-ups and to be reunited with their families.
The bodies of deceased hostages will also be returned, though it is unclear how long this could take.
A copy of the agreement shared by Israeli media states that the handovers will take place “without any public ceremonies or media coverage”. Previous hostage handovers have involved highly-choreographed Hamas ceremonies - something the Israeli government wants to avoid.
During this process, we expect to see the release of about 250 Palestinian prisoners serving life sentences in Israeli jails and 1,700 detainees from Gaza. We are currently looking to confirm the identities of these individuals.
We also expect to see about 600 humanitarian aid trucks entering Gaza daily from now on.
After this process has been completed, it is thought negotiations will begin over the latter phases of Donald Trump's 20-point plan.