This is the 3186th most frequent Russian word.
наблюдаем
"Наблюдаем" means "we observe" or "we are observing."
Here, 'наблюдаем' is used to indicate direct observation or witnessing of a natural event.
Мы наблюдаем интересное явление на небе.
We observe an interesting phenomenon in the sky.
In this context, 'наблюдали' refers to attentively watching an event or performance.
Вчера мы наблюдали за выступлением оркестра.
Yesterday, we watched the orchestra's performance.
Here, 'наблюдает' means paying close attention and monitoring an ongoing activity.