diff --git a/packages/reactivity/__tests__/watch.spec.ts b/packages/reactivity/__tests__/watch.spec.ts
index 245acfd63..9bec54e5f 100644
--- a/packages/reactivity/__tests__/watch.spec.ts
+++ b/packages/reactivity/__tests__/watch.spec.ts
@@ -277,4 +277,16 @@ describe('watch', () => {
 
     expect(dummy).toEqual([1, 2, 3])
   })
+
+  test('watch with immediate reset and sync flush', () => {
+    const value = ref(false)
+
+    watch(value, () => {
+      value.value = false
+    })
+
+    value.value = true
+    value.value = true
+    expect(value.value).toBe(false)
+  })
 })
diff --git a/packages/reactivity/src/watch.ts b/packages/reactivity/src/watch.ts
index 659121ca3..648e6481b 100644
--- a/packages/reactivity/src/watch.ts
+++ b/packages/reactivity/src/watch.ts
@@ -264,11 +264,11 @@ export function watch(
                 : oldValue,
             boundCleanup,
           ]
+          oldValue = newValue
           call
             ? call(cb!, WatchErrorCodes.WATCH_CALLBACK, args)
             : // @ts-expect-error
               cb!(...args)
-          oldValue = newValue
         } finally {
           activeWatcher = currentWatcher
         }