The way I interpret it, the singer is really into this guy, but too afraid to come out and say it ("Staying undercover / till you find me") even as he is getting into other girls. Perhaps the song has a slightly creepier tone; the singer repeats the phrases "watching over you" and "I'll be the one" perhaps once too often to not consider it.
I'd love to hear some other interpretations. The lines "You can't say no if you don't know / and he can't hurt you if you don't know" really stand out to me.
The way I interpret it, the singer is really into this guy, but too afraid to come out and say it ("Staying undercover / till you find me") even as he is getting into other girls. Perhaps the song has a slightly creepier tone; the singer repeats the phrases "watching over you" and "I'll be the one" perhaps once too often to not consider it. I'd love to hear some other interpretations. The lines "You can't say no if you don't know / and he can't hurt you if you don't know" really stand out to me.