The speaker is an unnamed individual suffering from insomnia. Experiencing profound feelings of loneliness, the speaker spends the night looking into a mirror and feeling alienated from the normal world. The speaker imagines an inverted reality where deeply held desires might actually be fulfilled.

Personified as a feminine figure, the moon acts as a powerful presence in the night sky. She is depicted as an independent, self-assured daytime sleeper who exists without care or regret. Unlike the inert speaker, the moon possesses the fiery attitude to spurn the universe and find a new place to dwell.

The unnamed lover is the distant figure whom the speaker addresses. This person does not return the speaker's affections in the waking world, existing as a requited partner only within the speaker's imagined, inverted reality.