Confused rn by his message

He realizes he’s not in a position to be dating after basically realizing he got us in a sticky situation of pursuing me for a bit and when I ask if we’re still good to hangout like we agreed a few days ago, he sends me a text as seen below admitting he’s in a stressful spot. I respond back saying I’m a bit confused and already thought things through on how we could make things work and took into consideration of his demanding career he’s building for himself as a form of reassurance for him as time passes. At the end of my text I respected his wishes and basically ended it with him by wishing him the best, and wonder if he’s now peddling? I recalled him saying on FaceTime the other night of him being stressed with things. Anyways, was I just friend zoned? Or is he saying for right now let’s put things “on hold” stay in contact and if the time is right in the future reconnect? It’s hard to interpret texts. I’ve heard that phrase before and nothing ever happens, besides still following each other on social media. Im not looking to be pen pals with a guy, I’m gonna be 30 next year. I plan to keep moving forward with my life, but confused by his text. I really do like this guy A LOT and bummed he pulled the plug last minute like he did, so it’s hard to tell if he was being legit or giving me lip service and doesn’t want to feel bad and so he threw in the friend thing? I don’t know how to respond back to him….as I figured him and I were already friends as we weren’t official but both wanting a relationship. I don’t want to cut ties with him officially cuz again his text could mean several things.