It's designed that you can't finish the 2nd wake up bar so you force to experience the sleep paralysis
Viewing post in Silent Still 2 - Extended Version [Full Game] comments
the first E spam is doable, the 2nd E Spam is design so you can't finish it so you force to experience the paralysis. Im updating it right now and make the Spam mechanics much easier and adding checkpoints. Thanks for the report!!! Will update the build later once im done export the whole game again. Then you can redownload the new patch later