Don't 35mm prints have crushed blacks and whites too? It's not the kind of "posterized" crushing of digital, but to provide one example, I recently saw an LPP print of The Goonies where those overcast/rainy Astoria skies looked almost white at times. Though there was still visible cloud detail, those skies were noticeably blown out white-gray.

With the limited color space we're working with, isn't it impossible to completely avoid crush/blowout/detail loss? Again, 35mm prints had less detail than the higher-generation sources these transfers are coming from, but the characteristics of photochemical timing/printing, print grain, and theatrical projection make it less obvious and less blatant and more "natural" than in the digital realm.