Why did he say "Just kidding!" after he said he likes me?

During school, I was in my last class of the day. While I was working, my crush called my name and he told me, "There is a certain someone who has a... crush on you.". I'm pretty sure he was talking about himself, but I was a bit scared when he said that, because all of the people at his table were looking at us, and I can't respond to things properly when there's pressure. I was mad at myself for saying this, but all I said was, "Okay." in a very quiet voice. Afterwards he said he was just kidding, but I don't think he was kidding. He's shown many signs that he likes me, and I overheard him say a few things to his friends about me when we were assigned a table with each other. I'm thinking he thought my reaction was odd and he saved himself the embarrassment when he said just kidding. But, I want a second opinion. What do you think?
Why did he say "Just kidding!" after he said he likes me?
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