In this study, an examination of the Yu-Toda-Sasa-Fukuyama equation is undertaken, a model that characterizes elastic waves in a lattice or interfacial waves in a two layer liquid. Our emphasis lies in conducting a comprehensive analysis of this equation through various viewpoints, including the examination of soliton dynamics, exploration of bifurcation patterns, investigation of chaotic phenomena, and a thorough evaluation of the model's sensitivity. Utilizing a simplified version of Hirota's approach, multi-soliton pattens, including 1-wave, 2-wave, and 3-wave solitons, are successfully derived. The identified solutions are depicted visually via 3D, 2D, and contour plots using Mathematica software. The dynamic behavior of the discussed equation is explored through the theory of bifurcation and chaos, with phase diagrams of bifurcation observed at the fixed points of a planar system. Introducing a perturbed force to the dynamical system, periodic, quasi-periodic and chaotic patterns are identified using the RK4 method. The chaotic nature of perturbed system is discussed through Lyapunov exponent analysis. Sensitivity and multistability analysis are conducted, considering various initial conditions. The results acquired emphasize the efficacy of the methodologies used in evaluating solitons and phase plots across a broader spectrum of nonlinear models.