Create a whimsical artwork featuring a chibi big-eyed dragon nestled in a lush, enchanting forest. The scene is bathed in iridescent rainbow light, using a trending color palette. The composition is inspired by popular themes on art platforms, incorporating matte painting techniques and animation-inspired lighting. The artwork is ultra-detailed, rendered with a depth of field effect, and utilizes advanced rendering techniques. The environment includes turbulent fluid, fractal patterns, and a smokey atmosphere with symmetrical and vibrant elements. The setting is enveloped in volumetric fog with studio lighting refined through cutting-edge rendering engines for a cinematic feel. The dragon's design echoes a charming Disney art style, featuring sharp focus and ray-traced lighting to enhance the magical atmosphere.