I’m a believer in burying the roots. Of course, as others have said, the medium you use is very important. You need to use a loose enough media to allow air to get to the roots.
As a note of explanation: The leaf structure of most orchids are significantly different than many other plants. They do no have pores that allow air (CO2 in and O2 out) and water vapour to flow in and out. This is why orchids don’t wilt when they dry out like other plants - like my poor poinsettia
The function of respiration is done by the thick roots. Therefore they need access to air and water in order to supply the plant. I use sphagnum for my Phals and have recently started including a bit of sponge rock to increase the air availability. Also, when I water, I water thoroughly and vigorously which serves to flush the old air out and let new air get down to the roots.