What's with the ellipsis at the end of every note field in iOS? And why can't we select text?

Same here.
With "Format Using Markdown" off you can not highlight text except in edit mode.
With "Format Using Markdown" on you can highlight text in either saved or edit and the ellipsis disappears, unless the note is too long and then it shows the ellipsis in two places at the end of the last line…
and after the
read more…
I assume the ellipsis was meant to only show after the read more. Meaning more.
Plus with "Format Using Markdown off 2 of my secure notes out of 29 would not show the last few lines of text nor on those 2 would it show a read more, but if I turn "Format Using Markdown" on then it did show all the lines of the 2.
I even tried copying and pasting those two notes into new notes, but that did not work.
I just unfortunately deleted those 2 notes.
So I now have to leave "Format Using Markdown" on.
I used to have "Format Using Markdown" off always, but decided to turn it on for a month and then decided to turn it off again because of spacing of lines issues and that is when I noticed all the symptoms with "Format Using Markdown" off that I never had until I turned it on and back to off a month later.
So now I have no choice to leave "Format Using Markdown" back on.
It is livable with it on hope they can get it fixed in the off position.
That’s all. 🥺