I like the watercolor look of it, you may try to tone down the ripples a bit as others say. Good work!
"I'm a fuel injected suicide machine. I am the rocker, I am the roller, I am the out-of-controller!"
I personally think the ripples look a lot like glass or a thin layer of ice and not so much water in its liquid state. I'd say it may be because the ripples are not *I forget how you say it* but consistent with the way the fairy looks. The fairy itself is nicely rendered, but I think you overdid it with the ripples. Farther apart, less apparent ripples may look better.