With Dragon Plays With Fire, it is almost as though Iron Fist remembered that it had its own story to wrap up and that it was not simply a lead-in to The Defenders.
The bulk of Iron Fist has been dedicated to setting up characters and concepts for use in The Defenders. Most notably, the series has devoted a lot of attention to developing the Hand, even repurposing large parts of the Iron Fist mythos to set Danny up as a key part of The Defenders by aligning him against the Hand. Shadow Hawk Takes Flight revealed that the Iron Fist was “sworn enemy of the Hand”, while The Blessing of Many Fractures suggested that the Hand played a role in the death of Danny’s parents.
Iron Fist spent so long playing into The Defenders that it would easy to forget that the series has own narrative arc to fulfil. Indeed, it even seems like Iron Fist itself forgot about those obligations, to the point that Bar the Big Boss played almost like a season finale with Danny vanquishing Bakuto and the Hand before heading home with Colleen for some funky Tai Chi action. However, at the last minute, Bar the Big Boss seems to remember that Iron Fist still has to resolve the whole Harold Meachum business, and possibly set up a second season.
The result is that Dragon Plays With Fire is an incredibly rushed piece of television, covering what feels like multiple episodes worth story in the space of fifty minutes while also cramming in a bunch of sequel hooks to both The Defenders and a hypothetical second season of Iron Fist. The finale is deeply disappointing, much like the season before it. More than that, it is a constant reminder of how little of its own identity was afforded to Iron Fist.