‘You have seen what I did to the Egyptians, and how I bore you on eagles’ wings, and brought you to myself. Now therefore, if you will indeed obey my voice, and keep my covenant, then you shall be my own possession from among all peoples; for all the earth is mine; and you shall be to me a kingdom of priests, and a holy nation.’ These are the words which you shall speak to the children of Israel.”
Exodus 19:2 When they had departed from Rephidim, and had come to the wilderness of Sinai, they encamped in the wilderness; and there Israel encamped before the mountain.
Exodus 19:3 Moses went up to God, and Yahweh called to him out of the mountain, saying, “This is what you shall tell the house of Jacob, and tell the children of Israel:
Exodus 19:4 ‘You have seen what I did to the Egyptians, and how I bore you on eagles’ wings, and brought you to myself.
Exodus 19:5 Now therefore, if you will indeed obey my voice, and keep my covenant, then you shall be my own possession from among all peoples; for all the earth is mine;
Exodus 19:6 and you shall be to me a kingdom of priests, and a holy nation.’ These are the words which you shall speak to the children of Israel.”
Exodus 19:7 Moses came and called for the elders of the people, and set before them all these words which Yahweh commanded him.
Exodus 19:8 All the people answered together, and said, “All that Yahweh has spoken we will do.” Moses reported the words of the people to Yahweh.
The verse centers on "seen", "egyptians", "bore", "eagles", "wings", "brought", "myself", and "therefore". It is saying that the verse draws attention to "seen" and "egyptians", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 3's "Moses went up to God and Yahweh..." into verse 7's "Moses came and called for the elders...", so "seen" and "egyptians" belong inside that flow. In Exodus context, the local focus is covenant, worship, and faithfulness.
A plain takeaway is to answer the verse's own emphasis on "seen" and "egyptians" with trust shaped by these words, not by a vague optimism outside the passage.