Paraocchi literally translates to "blinders" or "blinkers", like those worn by horses to restrict their side vision. It's a less common word in everyday Italian, making it quite unique and memorable.
In the song, BLANCO uses it metaphorically to express intense focus and devotion. He sings, "Io guardo solo te, sembra ho i paraocchi" (I only look at you, it's like I have blinders on), conveying that he is so captivated by the person that he sees no one else. This vivid imagery makes the word particularly enticing.
Paraocchi means blinkers, the blinders you strap to a horse so it can only look straight ahead. That is the whole song in one word. "Io guardo solo te, sembra ho i paraocchi" is Blanco admitting he has stopped seeing anything except her.
The writing swings hard between cocky and soft, sometimes inside the same breath. He opens with a joke about kissing her backside and asks whether she could give him a chance instead of being difficult, then a minute later he is crying and telling her she fills the empty spaces in him. That is the honest shape of the infatuation he is describing. It makes him bold and it makes him small, and he does not pretend otherwise.
What the chorus actually asks for is small. Not drama, not a grand reunion, just having her nearby again "tanto per riposare", only to rest. And the last line drops the patience entirely: if it will not be tomorrow, then let it be today.