Does "look at" here mean "think about"?

English as a Second Language
1

Hello
Does “look at” here mean “think about”? Did I understand it correctly?

“Don’t be so sure of that!” Justice Strauss said, and reached behind her back. The Baudelaires looked hopefully at what she was holding, but their hopes fell when they saw what it was.

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2

No. It’s literal. They looked at it with their eyes.

“Look at” can sometimes mean to think about or to consider. “Look at it this way” is a common expression that means think about. That’s not how it’s used in your sentence though.

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