The speaker is watching someone they love in a frightening state, possibly after drinking or taking something, though the poem never says so outright. The "slurred words," the shaking hands and the repeated prayers to "wake up tomorrow" and "be ok" suggest a scene where survival itself is uncertain. The speaker's fear is physical, described as a piece of their soul being torn away with every second.
What stands out is the third person: a man with blue eyes who meets the speaker's gaze over the other person's lap. He holds back his tears so he can stay steady, and the speaker sees how much that costs him. Frustration builds as the poem goes on. The repeated "price" turns love into something like a debt, and the questions at the end ("When?") sound worn out and desperate. The mood is raw, anxious and close to breaking, with love and anger tangled together. The speaker also hints at leaving, and worries about who will be left to help him.