I had the same problem with a bridge connected to a V2.
Work around I found was to remove the bridge from the camera, wait for a minute or so while the camera “stabilized” and had a solid blue light, plugged the bridge in.
Didn’t find this thread until I had worked about 8 hours on the problem and found the work around.
My guess is that the problem is due to lack of enough amperage to allow both camera and bridge to establish connections at the same time.
WYZE needs to provide an adapter with greater output.