This is SO familiar to me. I met someone in December that I had strong feelings for pretty quickly. He said he had feelings, but couldn't do a serious relationship. I cried many times thinking about him. It took months to be able to think of him and not be sad. I'm much better now.

My advice is this:

Don't hold out hope that things will change. Most likely they won't. It sucks. It hurts.

Eventually open up your heart to let someone else in. There are other good people out there you can connect with.

Cut off contact...even if that means a weaning process. I couldn't just cut off contact cold turkey. He's a great man. I am just slowly texting less and less.

Confusing signals right?

Lots of great advice given below..

Myself, when ever someone has said "doesn't want a relationship right now.".. smartest thing you can do is believe them, and act accordingly..
Be a good friend , and if you cant, then move on..

I suspect that when you told her you had feelings for her she didn't know what to say. She probably felt obligated to say she had feelings for you too even if her feelings didn't go beyond platonic. She then tried to correct herself by saying she didn't want a relationship now. Believe her.

If a relationship with someone is what you want, look elsewhere. She is not receptive to a relationship with you beyond platonic.

Best thing you can do is just say you understand it is not the right time to take it to the next step No explanation needed and continue as you are and in your small talk between the two of you let your feelings and thoughts out slowly over a period of time. Not just one big blurb at once ‘ That will loose her. She does not to be over whelmed and as she sees you doing she may open up a little here and there. I think slow and steady non pushy and total respect for her thoughts and feelings will go along way in furthering your relationship. But no guarantees any way it is handled

One of my main strengths is consistency. I'm gonna be the same guy tomorrow, next week, and maybe next year. As for you, when she sees that over time, it may overcome her fickle heart.

Keep interacting with her. Maybe she has a dilemma about you as well. The right time and the right place will emerge.

The two of you can still have what you have, it just won't be what she envisions as a "relationship". Some people have pretty rigid ideas of what Relationship means, and may not want to repeat mistakes from their past. Examples of that might be: jealousy, possessiveness, feeling controlled or controlling. You can still probably hold her, listen and talk with her, enjoy her company, her face, the sound of her voice. You don't need to put a name on it.

Did she give you any reasons why she didn’t want a relationship right now?
It’s good to get your feelings out and sometimes writing them down can help see things a little clearer. I’m happy she said she had feelings too and happy the friendship remains. Just have to wait and see and talk some more.

If she isn't ready not much you can do