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i am pro repotting it, i see early signs of pleated leaves. That means you either do not water it a lot or the medium is not holding enough water.
When repotting it is not necessary to always get a bigger size pot. They like their roots to be tight. But fresh medium always help (make sure you will soak it overnight if you will use bark).
To repot it soak it so that the old medium will be easier to be removed and then pot it in fresh. If it is top heavy you will might want to use some wire to make it stay in place. It is better to use already shaped wire for the job or just make a loop enclosing the upper side of the rhizome (between the pseudobulbs - soft covered wire will be a better choice) and the to edges passing through opposite side drainage holes, then tight them under the bottom of the pot. Make sure that depending on the root system size you will have enough medium under it so that the pseudobulbs will not be buried in the fresh potting medium. The new medium should not be very tight to allow aeration and when filling make sure you will not press so hard that the roots will be damaged from the pressure.
Old pseudobulbs goes near the edge with the growing size having some space for it to grow new pseudobulbs. Although with the size of your plant it is common for it to grow towards all directions some times.
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