A transformer breather displaying and early warning system comprises a cylinder, an oil cup, a first cover plate device, a first filtering device, a second cover plate device, a second filtering device, a sensor device and a display device. The cylinder is provided with first fixed blocks, first fixed rings, second fixed rings and first fixed rods; the first cover plate device comprises a first cover plate, a first sealing ring and first springs; the first filtering device comprises a second sealing ring, a scattering hopper, a concentrating frame, a first filtering screen and a second filtering screen; the second cover plate device comprises a second cover plate, a third sealing ring and a second spring; the second filtering device comprises a supporting ring, second fixed rods, a third filtering screen, buckle rings and third springs; the sensor device comprises a humidity sensor, a first rolling wheel, first bristles, an air pressure sensor, a second rolling wheel and second bristles; the display device comprises a protection frame, a power source and a processor. The transformer breather displaying and early warning system can monitor humidity and air pressure in a breather in real time so as to monitor the running condition of the breather.