As soon as I saw it, I thought "Kiri-chan!" and the Pixiv description confirms it. It's definitely based on Witch Doll's entry for the 3rd Touhou M-1 Grand Prix. (You can see the act subtitled here: http://www.youtube.com/watch?v=Ge2fyUG98yI) I'm not sure if I'd consider this grounds for being in a pool at all, but if you're going to put it in one, it's depressing. The video itself is probably far moreso than this, though. The "I love you, ze" thing is a reference what goes on in the judging of their performance (which is linked as a response video to that one if you care to see it.)