[pikevi]

I assume the spike is starting on the far side and the photo is to show the size of the plant.

I don't have much experience but I will let it bloom ,if I were you.

If nature intends it, plant wants it and your care supports it, why interfere?

Good luck.

[ I have a few Phals that have inflorescence, spike,new roots, new leaf and keiki. They don't seem to be starving for energy nor nutrients. Unless 'species' orchids are finicky I'd let it bloom]