Serverless error in terminal, while clearly in a Serverless service directory

I was fully into developer mode, testing my code with local mocks, and suddenly my serverless command didnt return anything anymore.
If i now try this command, serverless logs -f hello, it says ‘This command can only be run in a Serverless service directory. Make sure to reference a valid config file in the current working directory if you’re using a custom config file’, while im clearly in the correct serverless project folder…

How do i get this up and running again?