Hi,
I had a similar concern with a vanda last year and this was the best article I found at the time detailing the different possible reasons to help figure it out.
Why Is My Orchid Leaf Turning Red? 5 Reasons and Remedies – Orchideria
I am not as experienced as others saying it isn't a concern but if mine turned that color I would think my dog had accidentally sat on it.
Where there is green there is hope right so I'd start by seeing if you can get some green back into this one.
I think from my limited experience you have a trifecta of problems going on. The cold will have caused set back, lack of proper feeding as detailed in the article will cause sugars to build up in the leaves and you are giving it a lot of light which puts added strain on a plant. It basically needs more nutrients the more light it gets so any nutritional problem occurs more under higher intensity, if you give too much light one can get away with it if one uses fans to cool the leaves but also one has to feed more accordingly to keep up with increased demand.
The article also mentions problems with the media will increase these problems.
I would not ignore it if this has suddenly occurred this year in the same conditions it was in in previous years. I would give it less light temporarily, maybe repot it and maybe think about feeding it according to what the leaves are telling you. I believe as orchid growers we should be able to observe the leaves and diagnose what the plant needs. One of the biggest challenges is knowing whether a color is normal natural pigmentation or it it is a problem but I think this one has gone beyond a normal pigmentation.
I do grow an anceps and my leaves are much greener. Mine is still young so I can't say if I will ever get it to flower but from my research it seems to do fine in lower light too, ie what other cattleyas need, not necessarily any more.