Sometimes you can read too much into these things

Once upon a time there was a story…

The giant is a symbol of toxic masculinity. He’s all about power over and violence.

The princess is asleep in a tower, expressing passive female roles, lack of agency, and the impact of traditional gender stereotyping. The tower is a phallic symbol. Don’t ask what the princess is doing inside the metaphorical penis or it gets confusing.

There is a prince who is supposed to fight the giant to free the princess because he’s just toxic masculinity with a socially acceptable face and he’s got class privilege on his side.

The prince cannot get into the penis tower but while he’s trying to conquer the giant willy in the middle of this story is dawns on him that he’s really into giant willies so when the actual giant shows up, the prince totally rethinks his plan. The two of them live happily ever after.

The princess wakes herself up and makes her own decision about whether or not to stay in the tower. Either way, at this point the tower is just a tower and not Freudian at all, honest.