For Example
Hold[HoldForm[FullForm[x]]]
Out[1]=Hold[\!\(\* TagBox[ TagBox[ StyleBox["x", ShowSpecialCharacters->False, ShowStringCharacters->True, NumberMarks->True], FullForm], HoldForm]\)]
It is as if "Hold" evaluated Forms first, there's almost nothing that can stop the evaluation of MatrixForms, I've tried: Hold, HoldAll, Inactivate, HoldForm.
Surprisingly
ToBoxes[MatrixForm[x] // FullForm][[1, 1]] Appers to "Hold" the result better than Hold
Hold[HoldForm[FullForm[x]]] // FullForm– Daniel Huber Jan 16 '22 at 13:09