My question is, supposing I’m not using a separate boot partition (so password entered in the bootloader), why should I select the “enable LVM” in the setup? Isn’t that disabling the snapper rollback functionality without any useful feature?
I use an encrypted LVM, but I don’t use “btrfs” so I don’t use snapper rollback. I have used “btrfs” in the past with an encrypted LVM. As far as I know, that still works.
I’m not sure where you got the idea that using an LVM disables snapper.
For a long time SUSE only supported encryption with LVM. The document probably was created at this time and not revised. Support for direct encryption of disk partition was added in SLE 15 (i.e. openSUSE 15.0).