So this is it. This is how he dies. Sylvie walks away. She accepts their defeat graciously - much more so than last time. Loki does the opposite; he just stands and stares. Earlier, he'd still had hope. He still had time - time to think; time to scheme. He doesn't have that anymore. Now it finally feels real, and there's nothing he can do to stop it. So what does he do now? What can he do? Besides... Stare. Coda to Loki episode 3