Is this over between us? Do I cut my losses ?

I (F/27)have been dating this guy ‘M26’ since early June, we both agreed to take things slow, we live about an hour away from one another, and I have only seen him in person 5 times. I have been to his house a couple times, met his roommates and one of his friends. He is unlike any guy I have dated. He goes to therapy, he is open and honest with communication, and he is reassuring when necessary. I will add that he is blunt and straight forward in the way he speaks and does speak and text in a professional / somewhat robotic/Chat GPT way (this is something my friends noticed too). We both are ideally looking for a LTR and neither of us want kids.

Since the beginning he has been a relatively slow texter and I am fine with it and have gotten used to it, I expressed to him the current dynamic felt like we were pen pals due to us not speaking on a deeper level as well as the amount of time we see one another he suggested we can talk on the phone or FaceTime when we don’t see one another; I agreed to this and we have yet to do this. We spoke about this three or so weeks ago.

I recently told him I wanted to get to a deeper level and he felt the same, so I brought him with to a friends birthday dinner and I feel that went well, that was a few weeks ago and I haven’t seen him in person since. We were supposed to see one another this past weekend but he wasn’t feeling well and we decided to reschedule, we haven’t chosen a date. And after the messages we exchanged this morning I feel like we will not be seeing one another anymore.

I personally feel 5 times within the past three months isn’t a lot of times to see someone you are dating, and I recently told him I wanted to see him more. This man has two jobs, one of these jobs is going to take up a decent amount of his time the next few weeks and he doesn’t know how it will impact his schedule. I will be studying for a state test during these upcoming weeks. We are both willing to find time to see one another.

I feel I have been the one to initiate a date or hangout recently, maybe because I am an anxious person, I don’t know. I definitely would like him to initiate more.

I text him yesterday after asking him to explain more about a message he had sent the other day after I had told him I wanted to see him more, because his response felt like the feeling wasn’t mutual. He said he was trying to say his schedule is going to get extremely busy and he doesn’t know when he’s going to be available. So I had asked him if the feeling was mutual on seeing one another more or does the pacing feel mutual too fast for where he is at. I expressed that I enjoy seeing him and I feel like my feelings at developing for him but it feel like we aren’t really dating and we’re just distant friends due to the amount of time we have seen one another. I told him I would like to see him once a week and I’m aware it might not be feasible or realistic with his busy schedule, and I understand it. I have no intention of rushing him and I honestly wanted to see where he was at with pacing and his intentions. I told him I’m willing to be patient and flexible with his schedule and I want to express where I am and see if we’re on the same page. I respect his need for alone time and independence since he does have two jobs. I’m not trying to demand more time with him I would like to be someone he makes time for though.

His response to all that I said was that with everything happening soon he doesn’t know his “bandwidth” he will have and he doesn’t think we’re on the same page emotionally. He told me he likes spending time with me and enjoyed our time together and likes me as a person but he doesn’t know at this point if he sees long term compatibility, he doesn’t want to waste my time. He pointed out I’ve said multiple times that we are more friends than romantic partners and he doesn’t know how to interpret when I say that. He said if that statement I made is because of the amount of times we have seen one another he’s not going to make promises on whether we will be seeing one another more within the fall (because of work) if he told me he’d see me more than he’d be lying. If it’s something outside of not seeing one another then he doesn’t know, maybe it’s not a good fit. I

I told him thank you for your thoughts, honesty, clarity, as well as letting me know where we stand.

I am assuming this is done and over with. Now I have to figure out what to do with this book he leant me as well as these concert tickets I got for us.

TLDR; I’ve been dating this guy for about 3 months, I haven’t seen him as often and I want to see him more often. He expressed his feelings to me this morning and the way he says things makes me think it is done between us. Do I cut my losses and assume this is over ?