Falling for someone is described here as something close to a drug, only stronger. The speaker says he is "worse than a placebo," a odd comparison that suggests he has a real, physical effect on her: her heart races, adrenaline surges, and her feelings become so "Raw" she can't breathe. The capital letters on words like "Raw" and "Known" make those moments hit harder, as if she is gasping between lines.
The middle of the poem moves from sensation to symptom. Hyperventilation, lost consciousness, detachment and confusion read like a medical list, yet they describe being in love. The short, broken lines mimic a racing pulse and a mind losing its footing. Even so, she says "I love it," so the overwhelm is welcome. The final run of single words ends on "Defiance" and then "Love," which suggests she gives in to the feeling on purpose. The mood is breathless, giddy, and slightly dangerous.