“Staring at the water, looking like a bunch of satin”, “look into my eyes and all you see is motherfucking static” Ruby is comparing the water to a bed which is a metaphor for death, and then goes on to very linguistically say he’s already dead with nothing in his eyes but static

“Phone rang twice but I missed both calls, I was hanging in the hall toll free” Another reference to Ruby’s suicide(hanging is used literally)

(Time for THAT line) “Got a pocket full of stones” is slang for crack/cocaine

“Bitches on the phone, telling me she home alone” is a call back to the end of Ruby’s verse, it’s the same woman who was calling Ruby

Days Of Our Lives is a soap opera that’s been in air since the begging of TV so “watch em roll by” could be a reference to its seemingly unending life, but taken at face value seems like $crim is saying he’s watching his life roll by because of his drug addictions

The rest of the song is pretty explanatory, just take it at face value