Here let me interject a story from my childhood. In Sweden at that time we had Christianity as a subject first thing in the morning every day in the lower grades. My younger brother was in first grade, the teacher always started with Genesis, and had come to this passage in the Bible. I was in middle school in town, and his elementary school was local. Anyhow, upon hearing the story he exclaimed “It is the same with my big brother, he eats and eats and is never getting any fatter” The story spread from our village to town, and I got yet another nickname.
In the New Testament the importance of dreams did go away. The reference in Acts is from Joel 2:38 “And afterward, I will pour out my Spirit on all people. Your sons and daughters will prophesy, your old men will dream dreams, your young men will see visions.”
The reference in Jude is a warning not to trust in dreams: Jude 8: In the very same way, on the strength of their dreams these ungodly people pollute their own bodies, reject authority and heap abuse on celestial beings.
The importance of visions continues through the New testament.
Trances are mentioned three times, all in Acts.