Hovering object, possibly disc-shaped, with many red, yellow, blue and green lights that were in constant motion

It was a very clear night (for a change), and I headed to bed at 12:45 a.m. Monday night/Tuesday morning. I saw a bright light that appeared to have multiple colors on it hovering above and just to the right of the red light from a tower on the top of the mountain directly across the river. I believe that is an internet "line of sight" tower. I could tell it wasn't a star because it moved strangely. It wasn't a plane because it just hovered, but not super steadily. I could see from using the tower light and the frames on my large windows as reference points that it wasn't super steady. It would move slightly in various directions, but still hover. I have some new (good) binoculars that I retrieved from my living room. I could see the object from there also. I took the binoculars back to bed, and observed it for at least 15 minutes straight. It was wider than it was tall, and the image was a bit shaky with binoculars, so I couldn't make out the shape details clearly. But there were multiple fast-moving lights that appeared to stay in constant motion. Red, yellow, green and blue lights. It wasn't stealthy at all. The lights stayed in constant motion or flashing on and off the entire time I observed it. I wanted to see it fly away and see how it moved, but I got tired. Turned over to try to sleep, probably 10 minutes later, I looked again and it was gone. I looked all over the sky to see if I could see it. Nothing. I wish I'd gone outside to see if I could hear anything, but I didn't. I didn't take pictures because I didn't think it would be clear enough. I am 100% certain it wasn't a plane or a star.