Question

4. What does Gratiano mean by 'this opinion'?​

Answer 1

At the end of his speech, Gratiano advises Antonio not to be one of those who try to gain a reputation for wisdom by being silent. He further tells Antonio not to use melancholy as a bait to win the reputation of wisdom and cheap popularity, which is like a worthless cheap fish, a gudgeon.

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Answer 2

GRATIANO
You don’t look well, Antonio. You’re taking things too seriously. People with too much invested in the world always get hurt. I’m telling you, you don’t look like yourself.