I installed an EVGA 3060ti FTW3 Ultra 2 days ago, it was working fine, the LED was on with the rainbow effect the whole time & used the GPU for 2 days while installing software & drivers. 

Yesterday I downloaded Precision X1 (latest version) from the EVGA webpage, I installed it & it also installed something called LED Control, I clicked on next &  after that Windows tried to restart the computer but since the installer was still running I cancelled the restart & went back to the installer, It needed to update the firmware so I clicked on next, it started installing the firmware & the fans started spinning at max during the whole process, then it finished & I closed it, then I noticed 4 red leds on top of the GPU power conectors blinking & making the LED colors restart with every blink. I decided to restart the computer to see if they would go away after that.

But the 3 red leds have been blinking since that, I tried uninstalling Precision 1 from Windows & restarting but it didnt worked. The card is working but I dont know if it will cause problems, overheating or the meaning of the 3 red leds. Also I noticed the fans work, whe I start the computer the start spinning normaly but the stop after a few seconds.

 I already tried the troubleshooting section for Precision X1 & it didnt worked. The 3 LEDs continued after uninstalling PX1 & LED Sync, rebooting in Safe Mode, deleting drivers with DDU, rebooting, re-installing the lates Nvidia drivers with&without installing GeForce Experience, turning off the PC for 2-3 minutes, rebooting & re-installing PX1 with & without LED Sync. This time it didnt tried to update the firmware. It still didnt worked.

I also tried other things like disabling CSM & Fast Boot, enabling Resizable BAR Support, Above 4G Decoding & ERP.

Im running an
Aorus B550 Elite V2 AX
AMD Ryzen 5 5600x
EVGA 600 GD PSU 600w
Kingston HyperX FURY RAM DDR4 16GB 3200mhz x1 on Slot 2
Kingston SSD NVMe M.2 500GB