। ॥ ७६५ ॥
In plain words
No intrinsic difference between the dream and waking states is ever found through illusory mental constructs, since both share the same triad of seer, seen, and seeing. Therefore, just as a dream is false, so indeed is the waking state.
Close to the Sanskrit
No difference between both dream and waking is seen anywhere through mental constructs born of illusion, because of seen and seeing and so on; therefore just as dream is false, so indeed is waking too.