Claris Spring Valley

Nights Into Dreams, Claris Spring Valley. This is the second attempt at the level. I still don't know what's the deal with the game. I know I need to get the orbs, stars, and fly through the loops, but at this point I don't know what each of those things do. I know from previous failure that whatever it is, I need to do it quickly. I fly around the stages hoping I'm doing the things right, but I'm still not really sure.

Fan Video.