YES. You have hit the nail on the head. At least as far as gymcelling or ever getting an aesthetic physique, is concerned, it's over. Gymcelling in general is a cope for other reasons, but any type of body game is over if you have this type of physique.
I have the same although not as bad. This body type right here though, the wide hipped, "puffy" look in men is basically unfixable. Even WITH steroids it's usually unfixable.
Every bodybuilding program should start out with a photo of this body type with a huge red "banned" circle covering it, because guys with this build NEVER "make it". Fatcels can, auschwitzcels can, I wish I could tell naive gymcels on their first day because if you are naturally skinnyfat like that there is absolutely no hope.
Jason Blaha is perhaps the best example of this I've ever seen. This guy ran TREN at one point, an INSANELY powerful steroid (basically makes Jeff Seid look the way he does, almost all "fitness" models are on tren, google it, you'll recognise the look I mean). Even average men get slayer physiques on tren. Widehippedcels however? Well, these were Blaha's results: