Netanyahu’s trial is scheduled to start March 17, just 15 days after the March 2 General Election. With polls indicating that the Knesset will again be deadlocked, this pretty much sinks any chance of Netanyahu forming a government.
Ironically, if Netanyahu is quickly convicted and consequently is forced to resign from the Knesset, it may be possible to form a government and avoid a fourth election.
With Netanyahu gone, I believe Blue and White may be willing to form a coalition with Likud. But that can only happen if Netanyahu is gone.