If
Fire is the element that acquires quanta even through sacrificing creatures then it makes sense that
Water be the element of resourcefulness and saving quanta.
Aside I'd call them both Alchemy Circles and have the unupped cost 4
. Considering upon playing it from your hand it will have only cost you 3
technically, I think that should be fine.
As for the upgraded version, reduce cost by 1
to 3
and you have yourself a strong contender for the Crucible, and a strong card in general.
Hopefully the art comes soon. I'm excited about this card.