With each sharp surge in the market followed by a significant increase in volume (at the three boxes), the price has experienced a pullback. If the price wants to continue to rise, generally speaking, when the price breaks through the previous peak, the trading volume will also be greater than the trading volume at the previous peak.
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If a sky-high price appears along with massive volume, and the subsequent price cannot break through this high point, then this high point may be a recent cyclical peak. Please note: 'massive volume' and 'sky-high price' are just concepts; massive volume may still occur after massive volume, and a sky-high price is not absolute; there may be new highs after a new high, so massive volume and sky-high price are only applicable to a certain period of time and a certain market situation.