My gut is saying defective switch, because the camera looks like it is processing a single press as more than one. The best course of action is say is to contact support and let them know the issue. See if they have any tricks to try or diagnostics they can run for you, and check to see if warranty replacement is in the cards.
I have the same issue and have not seen a response anywhere from Wyze on a fix or suggestions. They don’t care. The wireless outdoor camera I have is garbage. Battery dies fast regardless of how minimal I have settings and I also get stuck in the pairing in progress and travel mode enabled loop. The only thing that has helped me is turning the piece of crap camera off for a day or so then turn it back on and it will be good for a bit. Rinse repeat and lesson learned. I will not buy from Wyze again.
Same issue. I long-pressed the Sync button and got it flashing yellow, pressed it again to enter travel mode, then pressed it twice rapidly to exit travel mode. It returned to normal operation after that.
I had one 2020 WCO do this a month ago. Nothing fixed it from resets to firmware reloads. I ended up replacing it with a WCO V2. Today I have another 2020 WCO on a different base station starting to do the same thing. This will be my 3rd WCO failure out of 8 original V1 cameras.
One of my v2 cameras has started this same exact behavior this past week. The battery will last only a few days and it’s audible telling me it pairing for absolutely no reason. Even when I bring it inside to charge and manually turn it off it tells me it’s pairing. I’ve deleted and added it multiple times with no help.