Wow, another cool one! I love it. So many interesting symbols.

IMO:

Perhaps it symbolizes someone else or an aspect of self that flows easily with the intuition of feminine/water. She can build in the water (has the beaver tail), navigate powerfully (frog legs), and has human intellect (top half human). Naked = open. Young = new (also ties in to shy). Pale = innocent.

I have often dreamed over the years of water leaking or flowing into my house (usually I'm fretting about it). And I've come to see it as intuition (and the rise of the feminine energy). It's scary, yet exciting - water.

I have also had dreams of getting into water intentionally naked (in order to interface with intuition on a pure, honest level, without covering).

Thanks for sharing, A. I enjoyed it.