Signs, heads and held items are becoming red in dark or partially shadowed places

[BlueGradientHorizon]

Describe the bug

As stated in the title.

Commit 48dbc22 behaviour:

Commit b56a22d behaviour:

Steps to reproduce

Just build a box and inside it try placing blocks mentioned earlier and also look at the hand.

Log files

Will attach if needed.

[smiRaphi]

Any entities are red in dark places, not just signs, heads & held items