Yes. A lot of symbolism there.
The S snaking around the cross may symbolize sexual penetration.
Counted 27 rays around the circumference. You could count the blue points as rays too. (Was looking for masonic number 33, didn't see 33.)
Crown on top with 5 prominent points each surmounted by 4-pointed star:
To me that is the Bible verse in Isaiah Ch. 14 where Satan proclaims 5 things he will do to try to show himself as equal to God:
You said in your heart,
‘I will ascend to heaven;
above the stars of God
I will set my throne on high;
I will sit on the mount of assembly
in the far reaches of the north;[a]
14
I will ascend above the heights of the clouds;
I will make myself like the Most High.’
The number 5, and the inverted 5-pointed star used as a symbol of Satan or Baphomet or Lucifer, symbolizes these 5 things.
You could also put a Christian interpretation on Blood and Fire where sinners are saved by Christ's blood that was shed in sacrifice to atone for our sins.
The reference to fire is
Matthew 3:11 where John the Baptist announced about Jesus:
“I baptize you with water for repentance, but he who is coming after me is mightier than I, whose sandals I am not worthy to carry. He will baptize you with the Holy Spirit and fire."
Fire is a symbolic term in this context. Some Christians interpret fire not as literal fire but as a symbol for some kind of divine energy. Others look for it to mean literal fire that would happen in the end times.