It’s exactly the same situation.
Netanyahu is no different from his predecessors. The only difference is how far the American president lets them do Genocide unconditionally.
The reality of global geopolitics stands as evidence against your assertion being correct. It’s similar, that’s true enough, but there are some key differences:
Back then, the six-day-war was fresh, Israel and its allies had proven Israel couldn’t be easily destroyed, and Israel learned it is vulnerable. Lots of local opposition to its actions in Egypt and Lebanon.
Today: Israel is in a much better defensive position, and is actively the aggressor with little pretense. Lots of local support for a very aggressive PM that is hell bent on openly killing all the Palestinians.
It’s very worse, and very different today.