It must be the first because there seems to be no reason for Eliezer to have induced this particular bit of ambiguity in this particular place deliberately, and there is no way he could possibly have missed that cutting off a sentence and then uttering a sentence that starts with a repetition of the cut off sentence might be interpreted as completing the cut off sentence. On the other hand it’s perfectly plausible that he might have overlooked the other possible reading.
It must be the first because there seems to be no reason for Eliezer to have induced this particular bit of ambiguity in this particular place deliberately, and there is no way he could possibly have missed that cutting off a sentence and then uttering a sentence that starts with a repetition of the cut off sentence might be interpreted as completing the cut off sentence. On the other hand it’s perfectly plausible that he might have overlooked the other possible reading.