Please select a different device, or wait for the device to load development services and try again

Issue with WatchOS 9.5 - Apple Watch Ultra, Xcode 14.3 and iOS 16.5

Stuck on a screen with this message for more than 20 minutes. It worked previous day and not working the next day.

"Please select a different device, or wait for the device to load development services and try again."

Same here, but eventually (5 minutes) it really run.

Please select a different device, or wait for the device to load development services and try again
 
 
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