Bright orange/red light slowly moving over downtown, changing direction, and then going strait up until it disappeared.

At 3:40 am on Thursday morning June 2nd, 2022 - I was standing outside the Edgewater Hotel when I saw a large, bright orange/red light (similar in color to the “don’t walk” hand signal in a crossing light in Seattle) slowly moving above downtown Seattle towards me. I called out a coworker by radio to witness as well. We watched it move over our area, change direction on a dime from the southeast to northwest heading it had been going, to a more true north direction before seeming to hover still. It then seemed to be going straight up into the sky as it became smaller and fainter without changing direction. It twinkled on and off a few times before disappearing entirely. There were long, light clouds over portions of the sky, but they were so thin as to be able to see stars through them. Over all, this experience lasted less than five minutes.