New-block indicator and newly added block is in the wrong position after selecting the Title

[hypest]

After selecting the Title and then some other block, and then try to add a new block from the block picker, the blue line/indicator is at the wrong place.

To Reproduce
Steps to reproduce the behavior:

1. In the demo app
2. Tap on the Title
3. Then tap on a block a couple of blocks away
4. Then tap on the "+" toolbar button to add a new block from the picker
5. 💥 Notice that the new-block indicator is right below the title instead of being below the currently selected block. See video below too.
6. Select a new block from the picker and notice that it's added at the wrong place

indicator_wrong.mp4

Expected behavior
The new-block indicator should be below the selected block, not the Title.

Smartphone (please complete the following information):

• Device: Pixel 2XL
• OS: Android 11
• Version on develop hash 11c7f70
• Verified happening on WPAndroid 17.5 (production at the time of writing)

[hypest]

From my debugging so far, looks like the the editor settings memo doesn't get triggered when the Title get unselected.

[fluiddot]

Looks like we have the same issue opened in Gutenberg:
WordPress/gutenberg#32154