Experiencing long processing until stream get "ready" state (for short 30sec video)

Hey folks,

I am working on implementing a simple video sharing platform using the god sent Cloudflare Stream but we are experiencing some delays in video processing after video upload is done, with out test 30 sec video it gets stuck on processing (70%) for some time like few minutes is this normal for 30sec video.

also another query, is there a way to limit make max encoded bitrate 720p even if the source video is 1080p to save BW?

Thanks