Broken FP1U - Bluescreen in cycle

fastboot boot recovery.img (in contrast to fastboot flash recovery) does not write to the recovery partition, but simply boots into the given recover.img.

The hot back of the phone is simply a result of the bootloops (because the CPU runs on 100% all the time). Taking out any cards (SIM(s) and microSD) is worth a try anyway.

PS.: Here is a compilation of related topics.