स्वप्नो जागरणेऽलीकः स्वप्नेऽपि जागरो न हि ।द्वयमेव लये नास्ति लयोऽपि ह्युभयोर्न च ॥ ५७ ॥
In plain words
Wake up, and the dream stands exposed as nothing. Enter the dream, and waking is nowhere to be found. In deep sleep neither of the two exists at all — and deep sleep, in its turn, is absent from both.
Close to the Sanskrit
The dream is false in waking; in the dream too, indeed, waking is not. Both are simply not present in dissolution; and dissolution too, indeed, is not in the two.