Im pretty sure that hes talking about "the one that got away".... he talks about how basically she meant the world to him but he never actually got around to being with her. It seems like he felt like he couldn't give her what she needed so instead she should move on, even though it tears him up inside he will sit back and watch her try to be content or get what she wants. however it seems that he will always be there waiting and watching for her fall in order to catch her. its from this interpretation that is why i love this song, its just exactly the situation im in.
Im pretty sure that hes talking about "the one that got away".... he talks about how basically she meant the world to him but he never actually got around to being with her. It seems like he felt like he couldn't give her what she needed so instead she should move on, even though it tears him up inside he will sit back and watch her try to be content or get what she wants. however it seems that he will always be there waiting and watching for her fall in order to catch her. its from this interpretation that is why i love this song, its just exactly the situation im in.