Hi!
All my phals have been in FWC for more than a year. In my climate, bark doesn't work well, it remains wet for too long, and I tried FWC as a desperate measure trying to save a mini-phal with only a tiny root. It was a success, and little by little I passed all my plants to this method, and they are happily growing; the first bloom of the season opened this week, and all the rest have spikes.
For your rootless phal, I'd use less water; it shouldn't touch the base of the plant. Humidity should be enough for it to produce roots.
My approach to fertilizer is different to those people in YouTube. I have a very weak orchid fertilizer (2-2-2) and I use a tiny amount in the water (about two mm in the cap of the bottle, diluted in 1,5 l water) every time I change the water. I leave the orchids in this water, I don't change it. Now and then I use just water. With this regime, I've never had any problems, no roots have "burned" (although some rot when you first put them in water culture), and I get lots of spikes and buds.
The downside is that I get lots of algae growing in the water. It might be because of the fertiliser, or because my phals receive direct sun in the morning (except in summer, when I change them to a different place so that they won't burn). The algae doesn't hurt the plants, it's just ugly to see; I just wash the pots every week or so and change the water.
A final piece of advise, if you use a cane to keep the spike straight, it has to be on the outside of the pot, or it will rot.
Good luck!
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