To dream that you are panting or breathing rapidly suggests that you are experiencing some anxiety, tension, or fear concerning a new situation in your life.
To dream that you are breathing underwater, represents a retreat back into the womb. You want to return to a state where you were dependent and free from responsibilities. Perhaps you are feeling helpless, or caught up in intense emotions.
A dream of holding your breath represents your stubborn state of mind. You need to be more open to the opinions of others.
If you are unable to breathe in your dream, you may have failure where success seemed sure.
If you dream of someone breathing fire at you, this indicates an attack on your character and the need to defend yourself. You are feeling stressed, vulnerable and mistreated.