Hope you have visited Glass objects in Coreldraw here, but now I’m going to tell you this technique in Photoshop, hopefully you will like this.
1. Create a new file of any size, I’m creating 560x400px with 72 resolution and RGB colorscheme. Fill it with any color, I’m filling with white (#ffffff) color.
2. Press D to bring default black and white colors in Color palette. Now pick Elliptical Marquee tool and draw a circle while holding Shift key.
3. Now run the command Layer >> layer styles >> Gradient Overlay. Create the gradient like shown below:
this is the gradient which I made:
After pressing ok, you will get the following result:
4. Now run the command, Layer >> Layer Styles >> Inner Shadow and give the following settings:
you will get some kind of this result:
5. Now press X to exchange the black and white colors in color palette, again pick Elliptical marquee tool and draw an ellipse like shown below (you will get white ellipse):
6. Now pick Eraser Tool and with 150 px feathered brush, erase the bottom part of this ellipse like shown below:
7. Again press D to bring default black and white colors in color palette and again pick Elliptical Marquee tool and draw an ellipse at the bottom of this circle like shown below:
8. Run the command Filter >> Blur >> Gaussian Blur and give the following settings:
this effect should come:
9. Now select blue circle layer and press Ctrl+J to copy it, create new layer and by select this new layer and the copied layer press Ctrl+E to merge these two layer. Now pick Move Tool and press Ctrl+T (Transform), pick the center node while holding Alt key and move that node on the bottom center node, now right click on it and select Flip Vertical then press <Enter> key, you will get some thing like this:
10. Again using Eraser tool , erase the bottom part of this copied circle like shown below: