Sometimes you can learn more from a loss than from a win. After the match Spam goes back to the tape to see where he may have gone wrong. Even an Axie Champion and leaderboard Rank 1 player can make mistakes. The first aspect of the match he analyzes is his Turn order pick. Perhaps, even with bleed, the extra energy was not needed and he could have killed the opponents backliner on Turn 5.
In Turn 2, he played Tri Feather before Arco. He knew that he needed to play Tri Feather in the turn but may have got the order incorrect. If Arco was played first, it would have given an extra feather to the midliner. Which would have given extra damage when Tri Feather was played.