A surreal 3D simulation showcasing translucent bubbles gently floating in space, merging and morphing into one another with smooth, organic transitions. Each bubble features iridescent surface reflections and subtle light refractions, creating a dreamy, liquid-like effect. The morphing motion is fluid and seamless, as the bubbles stretch, merge, and separate, almost like living organisms. Soft studio lighting enhances the glossy highlights and colorful reflections, giving the scene a magical, ethereal atmosphere.