In many interpretations, this phrase is a mental or physical toast. It’s the act of raising a glass to a ghost. It suggests a "peace treaty" with the past:
It implies a shared secret or a journey that only two people truly understand, even if they are now strangers. 2. The Ritual of the Toast
Letting go of the bitterness of a breakup or a missed opportunity.
In this context, the "past days" are not just calendar dates; they are a collection of youth, innocence, and raw emotion.
The lyrics often position the speaker as someone who has lost everything but still finds beauty in the wreckage.
