\documentclass[border=5pt]{standalone}

\usepackage{blochsphere}

\begin{document}

\begin{blochsphere}[
    radius=2.5cm,
    tilt=15,
    rotation=-30,
    ball=circle
]

    \drawBallGrid[style={opacity=0.25}]{30}{30}

    \drawStatePolar[axisarrow=true,statewidth=0.3]{xaxis}{90}{90}
    \drawStatePolar[axisarrow=true,statewidth=0.3]{yaxis}{90}{0}
    \drawStatePolar[axisarrow=true,statewidth=0.3]{zaxis}{0}{0}

    \node[right] at (xaxis) {$x$};
    \node[left] at (yaxis) {$y$};
    %\node[above] at (zaxis) {$z$};

    \drawStatePolar[statecolor=red,statewidth=0.7]{state}{50}{40}
    \node[right] at (state) {$|\psi\rangle$};

    \labelLatLon{north}{90}{0}
    \labelLatLon{south}{-90}{0}

    \node[above] at (north) {$|0\rangle$};
    \node[below] at (south) {$|1\rangle$};

\end{blochsphere}

\end{document}