I had a problem on my Wii Game Console, it does have power indicator red, which indicates standby mode then while I pressed the power button to start it suddenly blink on the light indicator color is green in sync to cd light indicator blue and then shutdown.
You might be having a hardware failure on your game console. So I will advice you to bring it to the repair shop or communicate with Microsoft Support Team and check if they can help you with your problem.
However, if you are an advanced user then maybe you can check if there is an issue with the USB ports or you can try the following solution from Nintendo:
1. Softly press the reset button but if doesn't work, unplug the entire cords that are connected to your console including the SD card. Unplug the AV and the power outlet as well.
2. Wait for 2-3 minutes and then connect all the cords again.
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