Catasetum 'Fredclarkarea SVO Black Pearl': Two canes with different stage of growth.

[isurus79]

To me this plant is leaning towards dormancy, but not quite there yet. Slowly drying it out will help its growth cycle get back on track.

I think you can repot this in the spring too. The media looks good (i.e. not spoiled), but its packed too loosely. I'd cram it in there when you repot. Tight moss holds less water than loose moss and tends to last longer. Loose moss quickly turns into a soggy, algae infested mess.