I’ve just finished this game and it was… wow

I’ve got as my first ending The new down and it felt a bit empty, so I chose the other option when you restart the loop again.. and in that moment I learned that I just didn’t understand anything of this game. I thought that Shifting Mound was an evil entity that brings despair in the world and not a complement of it, maybe twisted by the declarations of the Narrator and the “evilness” of the vessels. So I want to ask you: what you felt after your first playtrought? Do you have other point of view that can help me to understand better this story?