Phoenix Nicole's poem is about falling into the same trap in love over and over. The speaker says she has "sold" her soul before, and she hoped the last time would be the last. Instead she is back, comparing herself to Alice tumbling down the rabbit hole into a strange world she doesn't control.
The tone shifts in the middle. When she asks how many times a soul can be sold, the man simply laughs and hands her the paperwork. That small moment makes love feel like a business deal, and a one-sided one. By the end she is signing in "fresh blood," which suggests real pain and a serious cost, yet she signs anyway.
What she loses is clearest in the line about becoming "the housewife." Her own identity is traded for a role. The poem's mood is weary and resigned, with a bitter edge. Repeating "again" at the start and end makes the cycle feel inescapable, and the speaker seems aware of it but unable to stop.