Seeing how Bolas team is playing out by Day 4 is fascinating because even though it seems obvious, Day 1 really solidified much of how the format of the event is going
Bolas Rojas went through the absolute worst of this event on the first day, making them resilient to the difficulties that came after (its the "no where to go but up" mentality), as well as bonding them in a way that made them very well-coordinated (which allowed for them popping off on Day 2). Them being kicked down so much means they can roll with the punches of being kicked down again, and them being so team-oriented makes them capable of actually holding their own in this competition, mainly by lifting each other up when one is sinking.
Meanwhile the other teams had adjustment periods that more eased them into the event, but as a result they haven't faced the worst, so they feel especially demoralized when they face difficulties. They also didn't have the experience of team-bonding to Red's level, so they're less coordinated and need more time to really settle. When they sink, its more of a personal problem.
You've also got the fact that Bolas is very distrustful towards non-Bolas members. They were kicked down severely by Bad and Tubbo Day 1 and as a result they stick to each other like glue and don't give an ounce of benefit of doubt to others, especially Bad. Of course some members are more social/trusting with the other teams, but Philza's cold shoulder towards Tubbo's negotiations, and the entire Bolas vs Etoiles accidental conflict shows how jumpy Day 1 made them. To this day Cellbit talks of Bad, one of the closest people to him pre-Purgatory, like an enemy because of him killing Charlie on that first day.
Jaiden will happily manipulate Pierre into thinking she's teaming with Blue, Charlie and Cellbit will take any chance to kill Bad, Philza will trust no one, Baghera is always a moment away from deteriorating into her "Day 1 mode", Foolish spends more time in team-only calls than proximity chat, Carre hasn't forgotten about Roier being the first to kill him
This is so fucking funny, Baghera is miserable and saying to just kill her egg so she can leave, Foolish is looking for reasons to be angry, Philza is getting spited by the admins, Cellbit lost his voice from yelling, Carre left, Jaiden hates Badboyhalo and threw out a "kill yourself", and Charlie is having a fullblown breakdown