Indeed, it has the appearance of crown rot. H2O2 works as does cinnamon/alcohol, or Physan 20 or similar product. It isn't dead, yet but you may have a long wait until it ???possibly???? will grow a basal keiki. I got lucky with this one but I haven't been as fortunate with several others. Over a 3 or 4 month period I had several orchids get crown rot. So I got myself some RD-20 (Physan-20 is the same stuff made by someone else) and I spray at least monthly. I even spray the phal flowers lightly to prevent spotting which is caused my a mold....and no more crown rot nor spots on the flowers!
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