To me this feels a little 'linear' in its approach to the overall emotional story. The end for example feels a little abrupt and underwhelming - we didn't understand their relationship so the vanishing doesn't read - I'm not sure if an uninitiated person would understand the disappearance of the spirit at the end and what it means in relationship to the Lumberjack. Ultimately I don't think we spend enough time with their relationship in the editing. You can cut and 'stay longer' on faces and objects to build meaning. Ignore for now that you are likely to go over 1.30 and create a relationship between the spirit, the tree, the axe, and the Lumberjack at the end before the spirit vanishes. Try to create emotion a narrative between.