Morgenrot literally translates to "morning red" or "morning glow", referring to the reddish color of the sky at dawn. It's a beautiful and evocative compound word that paints a vivid picture.
In the song, it signifies the culmination of a magical night, as the lovers dance "bis zum Morgenrot" (until dawn). It represents the boundary between their carefree night and the return of day, adding a romantic and slightly melancholic touch to their fleeting moments.
"Bis Zum Morgenrot" (Until Dawn) is about a night that feels too good to end. Two people are caught between fog and city lights, running on nerves and excitement, not sure if the time is moving too fast or if the best part is still ahead.
The chorus is the heart of the song: whatever happens tomorrow can wait. Right now they just want to stay close, on cloud nine, and keep the feeling alive through the whole night, all the way until the sky turns red at sunrise.