Premiere Pro 24 Playback Freezing MACBOOK PRO M1 PRO 16GB

Premiere Pro 24 Playback Freezing MACBOOK PRO M1 PRO 16GB
Premiere Pro 24 keeps freezing every time I move something on the time line. I have to wait for about 2 or 3 minutes every time I do something. The preview playback keeps freezing every time and only can hear the sound while the head of the time line moves over the clips the video is freeze in the preview window. I have litteraly spend hours trying to solve this.

Macbook Pro M1 Pro 2021 16GB ram
Premiere Pro 24.1.0