New to orchids. Could you rate the general health of the plant?

[Bud]

Phals gather energy by growing roots and leaves. They then give full energy to the spike to bloom and thats it. They stop the energy boost once you have a bloom. Just water it to freshen the flowers; otherwise the plant wont give anymore energy, its done its job. you also stop fertilizer when it opens its blooms...
Cutting the spike gives a message to the plant that it needs to grow more leaves and roots again for enough energy to give a spike. You just stunted yourself a season.
aerial roots are good, you just spritz them if shrivelled...burying it down to the media might rot it...
I read other members bury the aerial roots when repotting and nothing bad happens. Take a chance and good luck.