With HTTPS, MITM is minimized. With proton not having access to my key and only me having access via "Mailbox Password", I think its totally secure.
I've done a lot of security related work both personally and professionally and I truly dont see a problem with this. We trust our "secure data" with a lot of companies that barely support 2FA let alone strong passwords (32+ characters, mixed, etc) and no one complains. From a security perspective, Proton is doing it right, especially more now since they added hardware key support recently for all devices, not just computers/web.
So how can you say Proton isnt secure when they do EXACTLY the above versus most email providers? I know your answer is going to be "nothing is truly secure unless you host it yourself" but thats not an answer, especially for email which is NOT easy to maintain because of email reputation and self hosted emails are always lower on the reputation list than established email providers like google, microsoft, etc.
At one point you have to trust the provider/vendor you are using and the technology available. My Network + VPN (optional, use when not on my network) + HTTPS + Vendor security / infrastructure is fine with me. I havent see any problems yet or have been hacked.
Curious to know who you use as an Email provider?