Chibi dragon with large, expressive eyes sits peacefully in a lush forest, surrounded by vibrant foliage. The dragon's iridescent scales shimmer with a rainbow hue, illuminated by soft, natural light that filters through the canopy. The scene is vibrant, with a trending color palette that evokes a sense of wonder and magic, reminiscent of artstation's popular styles. The background features matte painting techniques, with animation-like lighting to enhance the whimsical atmosphere. There is a focus on ultra-detailed rendering using Blender, creating a sense of depth with a soft depth of field effect. The dragon is depicted in a charming Disney art style, with inspiration drawn from turbulent fluid dynamics, fractal patterns, and a touch of smokey, symmetrical elements. Sharp focus captures the intricate details of the scene, complemented by volumetric fog that adds a dreamy quality. Studio lighting blends seamlessly with the natural elements, capturing the essence of Unreal Engine 5 and the stunning visuals of Octane Render's raytracing capabilities.