Flying, weightlessness. Being or having often been depressed, now is the time to conquer depression. But this is a warning that you are losing ground. It is also a symbol for arrogance, or the desire for social advancement, similar to Aristocrat, Auction. Less often a symbol of ideas. Is the balloon flying or bursting?
According to Freud, a phallic symbol (particularly in the case of a Zeppelin).... Little Giant Encyclopedia
1- Very often it is the colour of balloons in our dreams which are important (see Colour). However, they can also indicate a party mood or a desire for sex.
2- Balloons were once made of pig’s bladders and were used by the court jester to lighten up the atmosphere around the king and to remind him that he was human. In dreams they may introduce a note of fun amid seriousness.
3- A balloon is a symbol for joy, often a feeling of Might spirited’ joy, or indeed the spirit rising.... Ten Thousand Dream Dictionary
Vision: Seeing a balloon: good ideas are forthcoming, maybe even a discovery. You might also have a love affair now—but beware—things will soon dissolve into thin air.
If you are taking a ride in a balloon: you have lost the ground under your feet—lost sight of your goals. Watching a hot air balloon explode: somebody is really angry with you—and you have given that person every reason to be angry! See Air, Bali, Helium Balloon.
Depth Psychology: If a balloon is floating in the air: you are daydreaming and will be disappointed; if a balloon is bursting: hopes and dreams will fail.... Dreamers Dictionary
Dreams of a balloon symbolize freedom and feeling as if you were floating on air. You may be feeling so high that you have lost touch with reality and this dream is your message to stabilize your bliss and get grounded. See Bubble and Flying.... Strangest Dream Explanations
A balloon has a similar connotation as the sphere and the ball from a spiritual perspective but with the added symbolism of ‘light spirited’ joy, or indeed the spirit rising. Thus an ascending balloon – whether it is child’s or hot-air – suggests that you may be making some kind of transition in your life.... Dream Meanings of Versatile
Psychological / emotional perspective: Balloons were once made of pig’s bladders and were used by the court jester to lighten up the atmosphere around the king and to remind him that he was human. In dreams they may introduce a note of fun amid seriousness.
A descending balloon suggests that there is a situation in life in which you need to be grounded and practical.... Dream Meanings of Versatile
If your balloon is deflated, someone you look up to has disappointed you.
To dream that you are in a hot air balloon, suggests that it is time to overcome your feelings of depression. You need to rise about your current problems and reach a calmer, more spiritual place within yourself. This dream may also suggest that you feel the need to be elevated in someone else’s eyes. Also see “Water Balloon.”... My Dream Interpretation
Frustration of the dreamer’s aspirations. More than one balloon, assignments, either too difficult or distasteful. As a symbol of motion, the balloon is also classified as a sex motif.... Psycho Dream Interpretation
To dream about a hot air balloon suggests that it is time to overcome your feelings of depression. You need to rise about your current problems and reach a calmer, more spiritual place within yourself. This dream may also suggest that you feel the need to be elevated in someone else’s eyes.... My Dream Interpretation
If you dream of throwing water balloons, then you are playing games with your emotions, and trying your hand at manipulation. Dreams of a water balloon signify compartmentalized feelings and that you are attempting to contain, restrain, understand and/or make light of the mystery of life.... Strangest Dream Explanations