Repository: create-react-app
Issue: FAST REFRESH broken
Labels: needs triage,issue: bug report

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### Describe the bug

Hi, we are using react-scripts v 4.0.3, and recently live reloading stopped working. After making changes to any of the file, the browser becomes unresponsive and I have to refresh the browser to reflect the changes.

### Did you try recovering your dependencies?

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    npm install

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  Please paste the output of `npm --version` and/or `yarn --version` to confirm.
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Yes I tried clearing cache, removing the node modules and install it again as well but nothing helped

### Which terms did you search for in User Guide?

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(Write your answer here if relevant.)

### Environment

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  Run the following command in your React app's folder in terminal.
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  `npx create-react-app --info`

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```
System:
    OS: macOS 11.6
    CPU: (8) arm64 Apple M1
  Binaries:
    Node: 14.19.1 - ~/.nvm/versions/node/v14.19.1/bin/node
    Yarn: 1.22.19 - ~/.nvm/versions/node/v14.19.1/bin/yarn
    npm: 8.13.2 - ~/.nvm/versions/node/v14.19.1/bin/npm
  Browsers:
    Chrome: 107.0.5304.87
    Edge: Not Found
    Firefox: 106.0.1
    Safari: 14.1.2
  npmPackages:
    react: 18.2.0 => 18.2.0
    react-dom: 18.2.0 => 18.2.0
    react-scripts: 4.0.3 => 4.0.3
  npmGlobalPackages:
    create-react-app: Not Found
```
Disabling "FAST_REFRESH" in `.env` fixes this issue