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Ford looking at Mabel and seeing the wildfire of optimism he used to carry in his childhood that always led to disappointment; Stan looking at Dipper and seeing his deep doubt and insecurity that led to inaction when it counted and too much action when it mattered.
Dipper looking at Stan and admiring his steadfast protectiveness and slick charisma; Mabel looking at Ford and admiring his dedication to detail and ever-churning creativity.
Stan looking at Mabel and seeing that crushing loneliness of being left behind; Ford looking at Dipper is seeing that deep guilt of leaving someone behind.
Mabel looking at Stan and admiring his persistence in righting his wrongs, even though he would never admit that's what he's doing; Dipper looking at Ford and admiring his ability to push through that hardships, but also to look back at the path he's taken to get there.