How does Bleed work? Bleed Scaling with Ryslatha's Coil Explained PoE 3.10 Delirium

Character Level 97 Gladiator Pantheon: The Brine King, Shakari
Pools 6,578 Life 59 Energy Shield 800 Mana
Defences 14,527 Armour 2,021 Evasion
Resistances 79% Fire 78% Cold 78% Lightning -7% Chaos
Weapon 1 Skull Spawn Siege Axe
Weapon 2 Pain Wing Pinnacle Tower Shield
Helmet Vengeance Dome Zealot Helmet
Body Armour Sorrow Sanctuary Triumphant Lamellar
Gloves Dread Talons Assassin's Mitts
Boots Pain Trail Two-Toned Boots (Armour/Evasion)
Amulet Fate Charm Turquoise Amulet
Ring 1 Dread Coil Two-Stone Ring
Ring 2 Dusk Knuckle Amethyst Ring
Belt Ryslatha's Coil Studded Belt
Flask 1 Seething Divine Life Flask of Staunching
Flask 2 Chemist's Basalt Flask of Heat
Flask 3 Chemist's Sulphur Flask of Warding
Flask 4 Perpetual Quicksilver Flask of Adrenaline
Flask 5 Lion's Roar Granite Flask
Glyph Cut Large Cluster Jewel
Fulgent Eye Medium Cluster Jewel
Behemoth Bloom Viridian Jewel
Bramble Stone Medium Cluster Jewel
Phoenix Eye Small Cluster Jewel
Carrion Splinter Small Cluster Jewel
Weapon 1 Portal 1 Blood Magic 19 Vaal Molten Shell 20
Body Armour Lacerate 21/23 Multistrike 20/20 Brutality 20/20 Ruthless 20/20 Fortify 20/20 Melee Physical Damage 20/20
Boots War Banner 20/20
Boots Pride 20/20
Boots Flesh and Stone 20/20 Maim 20/20
Weapon 2 Dash 20/20 Second Wind 20/20 Blood Magic 19/20
Helmet Molten Shell 17 Cast when Damage Taken 18 Blood Rage 20/20 Increased Duration 20/20
Gloves Vaal Ancestral Warchief 20/10 Melee Physical Damage 20/20 Bloodlust 20/20 Brutality 20/20
Weapon 1 Swap Blood Magic 19
Weapon 1 Swap Blood Magic 19 Blood Magic 19