The caterpillar represents an intermediary stage in your life and development, be it related to your businesses, finances or love affair and relationships. The caterpillar is not a butterfly and that is why you should be careful about how things work in the certain 'project' you are involved in - because if you do not use all your resources and energy to complete the certain 'task', then it may fail and end up before beginning. This applies in all aspects of your life - it may be about your love affair or an important business you undertook, which is only starting and should be closely watched.
The caterpillar may also signify transformation and radical change. As a dream symbol, the image of a caterpillar may stand for an advice which urges us to be optimistic about evolving and strive hard to achieve happiness and attain all our goals.
On the other hand, the ugly caterpillar stands for complications, distressing events and a period of sorrow to come soon into your life. You may suffer loss or experience embarrassing situations.
This insect also stands for slyness, treachery and hidden enemies who are anxiously to feed off you and stab you in the back.