That is such a cute little thing!
I love to see new growths or buds.
I just noticed that my zygo is sending up a tiny new growth looking just like this picture.
By the way, my cycnoches has been out of bloom for quite some time now, but there is no news. no yellowing of leaves, no new growths.
I'll guess I'll keep looking but I have no clue how similar or how different a few different groups of plants within the catasetum family behave, leaving me further frustrated and lost.