The bevel looks well pitted and rough -usually i would expect a higher reflectance from the bevel of a newly honed razor, but here the bevel looks duller than the face of the blade.
The apex of the bevel looks bit hit and miss,too. What with the pit marks in the bevel and the sporadic pits in the blade hollow, it is reminiscent of 'swiss cheese' syndrome - aka crumbly steel. If so, a lot more steel has to be taken away - in other words a complete bevel reset.
However I mostly 'scry' through a 10x loupe, so your photomicrograph isn't something I am used to seeing.
Regards,
Neil