That is up to a ton of factors. What are your goals (short and long term), etc.
Happy with your body fat levels but want to add some more muscle then bulk, not happy with it and want to be a bit leaner then cut before going back to bulking.
Generally I recommend cutting first if you are higher body fat levels than you want. Being at a lower level can help with insulin sensitivity and making the bulk more productive IMO. Doesn't have to be drastic either, but a small cut then bulk for a certain period, then cut again, etc.
I personally like 3 months bulking (slow, not huge weight gains), a month at maintenance to try and stabilize that weight (if I cut right after a bulk a lot of times I personally just drop too fast), then a 4 week cut (but I stay really lean anyways so don't need much), then repeat.![]()
you weigh 163lbs and you are asking about a bulk or cut??? that is easy, bulk.
with your bodyfat % you have at most 137lbs of lean mass. bulk up to that 163lbs and then try a cut.
or just try to get stronger while eating non processed foods. do conditioning as well. then enjoy the benefits of looking good.

Yes, i think im going to bulk, leanAt 163, is say gain about 40 more lbs...
Definitely not me, hahaWho even wants to be skinny anymore?!