I got black circles almost immediately both times I tried minoxidil, 1st time I quit right away, this time I have been on for 3.5 months, cut it down to 1x a day and at 1st still got the raccoon eyes but I don't anymore, I can use it 2x a day 2-4 days a week now so I think for some it just takes a little getting used too. I also reduced the amount I put on at 1st. And it was definitely the minoxidil and not in my head.
I just looked at your pics and my eyed were a lot worse just fyi, it literally looked like I had 2 black eyes so I wouldn't give up, just adjust the amount and/or frequency