Some people take that to mean that since we are seeing so much turmoil, this cannot possibly be the time.
However, I think what is possible is that we go through a bad time like we see now, with wars threatened, and then the antichrist comes along and sets up this peace treaty, and everyone is thrilled because now they have hope for peace and safety, at last.
But they don't realize that the establishment of the peace treaty with Israel will usher in the Great Tribulation where God judges the world with His terrible judgments.
You talking about the Egypt-Israel peace treaty (1979)? Or the Jordan-Israel peace treaty (1994)?