In place of argumentation which would be too long, let me give you an analogy. Monitoring is telling you the fire alarm went off. The exact reason is left for a investigation and that's where saving data like logs and metrics helps. But first you need to evacuate the building and call the fire department. If instead of detecting the smoke (e2e) you try to monitor all the data like pressure in gas pipes, all the pipes fittings, how many lighters are in the building and where, etc, you will wake up every night 10 times for nothing and when a fire starts you will burn sound asleep.
Oh, and don't try to scale Prometheus, that's what things like victoriametrics are for.