Sleep is the only safe place in this short poem. The speaker addresses "you" and describes someone lying with eyes closed, their mind full of beautiful dreams. They want those dreams to be real, and they want them never to end. That wish is simple and tender, and the plain repetition of "You hope" makes it feel almost like a quiet prayer.
Then the poem turns. The word "But" signals that the dream can't last, and "sooner or later" admits that waking up is unavoidable. The final line is the harshest: the world waiting outside is full of "torturous people." The speaker seems to feel that reality is cruel and that dreaming is an escape from it. The mood moves from soft and hopeful to heavy and resigned, leaving a sense of dread about opening your eyes. The poem suggests the speaker may be describing their own feelings as much as someone else's.