This makes me think they really are quite capacity constrained at the moment.
I had assumed they were primarily limiting it to entice people to upgrade, but I feel like these limits are so low and so temporary (especially over July 4th weekend in the US) that people will barely get a chance to get "used to it" and then think: "man, I can't live without this, I'll pay for API pricing".
If it's API pricing, I'm going to ditch Claude Code and switch to a harness that can jump between GLM and Claude Code.
Cheap pricing is why I use Claude Code. The minute they fumble that, I'm using Chinese models for 90% of the work.
That's strange, because they were seemingly way less capacity constrained lately, raised limits and removed the peak hours usage. It's crazy to think that even spending $1.25 billion a month to rent GPUs from SpaceX didn't do much to improve the situation.