About the only thing left to check is the water line or valve from the HOT side of the water tank to the BYPASS switch valves...
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If your bypass is like shown here operate the valve on/off that feeds the HOT side of the water tank. The BYPASS valve and the COLD water valve seem to be allowing water to pass OK from your tests you have run...
My setup is just like the diagram with only the ONE WAY VALVES on the city water side and built-in the water pump side. Since you are getting COLD WATER flow these all one-way valves must be working ok in the setup. I'm assuming you are only using water from the fresh water tank where you are - not city water... The water pump being ON is not required when on city water... Water pump is only reuired to pressure up your system when using the FRESH WATER TANK.
About all I can think of to check-out Good luck...
Hang your drop cord light bulb close to the lines feeding the water tank. Must be freeze related since everything worked OK yesterday
Roy Ken