Is resetting passwords that bad, or why was this option even added there? Will the message disappear after 120 days?
Changing your password is for your own account protection, and I don't see anything bad in that.
I believe the viewing option was added there to warn other users of the changes that have happened to the account recently; both email and password changes usually appear on the user's trust page.
And yes, the message usually disappears after a short period of time. 30 days, I guess, will be enough to warn users of the change.