The few things you can try would not include SMC reset, nor NVRAM/PRAM reset.
Those have been superseded with SoC M1 silicon hardware; these no longer work.
[Terminal commands are explained alongside older functions in Eclectic* article.]
For official options to use Mac's newer Recovery portal see their Support aricle.
• Use macOS Recovery on a Mac with Apple silicon - Apple Support
https://support.apple.com/guide/mac-help/macos-recovery-a-mac-apple-silicon-mchl82829c17/mac
• How to boot an Apple silicon Mac into Recovery mode | Macworld
https://www.macworld.com/article/234881/how-to-boot-an-apple-silicon-mac-into-recovery-mode.html
" * IF Mac won’t boot in macOS, you should try to start it in Recovery,
which should allow problems to be corrected in Terminal. If that isn’t
successful, the only option is likely to be putting the Mac into "DFU
mode and connecting it to another Mac running Configurator 2." This
enables M1 Mac to be refreshed or restored as necessary." - eclectic
An article from early this year ^ explains some details to the effect; you may be
able to try another work-around instructions by other names, to attempt results.
[You could see if startup in Safe mode could help. Sometimes, that does a magic.]
• * System management and NVRAM on M1 Macs - The Eclectic Light Company
https://eclecticlight.co/2021/01/21/system-management-and-nvram-on-m1-macs/
How to Use
'Safe Mode'
with Apple silicon
- Shut down your Mac.
- Turn on your Mac and continue to press and hold the power button until you see the startup options window.
- Select your startup disk, then press and hold the Shift key while clicking “Continue in Safe Mode.”
- Log in to your Mac. You might be asked to log in again.
Also see and understand newer macOS Recovery shortcuts and details from Apple for M1 silicon.
• If your Mac starts up to Options with a Gear icon - Apple Support
https://support.apple.com/en-us/HT211873
Good luck & happy computing!🌞🌿❄️🌻