Revert !115923 (new navigation hover state)

Purpose of revert

The hover/peek MR doesn't work as intended and creates a broken/buggy experience. We need to revert this behaviour.

Checklist

• Create an issue to reinstate the merge request and assign it to the author of the reverted merge request.
• [-] If the revert is to resolve a broken 'master' incident, please read through the Responsibilities of the Broken master resolution DRI.
• [-] If the revert involves a database migration, please read through Deleting existing migrations.
• Add the appropriate labels before the MR is created. We can skip CI/CD jobs only if the labels are added before the CI/CD pipeline is created.

Milestone info

• I am reverting something in the current milestone. No changelog is needed, and I've added a ~"regression:*" label.
• I am reverting something in a different milestone. A changelog is needed, and I've removed the ~"regression:*" label.

Related issues and merge requests