I've found out that pressing F1 actually hides the spyglass black outline circle, I'm not sure that this is supposed to do that but it does it anyways.
MC-204328
F1 And The Spyglass
Resolved
Duplicate
0
Jerry
(Unassigned)
Unconfirmed
(Unassigned)
20w45a
Retrieved
Hey there!
Just to let you know, this issue has already been reported and is a duplicate of MC-203575