From "The Image says" to "Covering the ears, misfortune." Correct Meaning: Regarding "Bearing a cangue that covers the ears, misfortune": he means bearing or shouldering.
Dwelling at the culmination of punishment, evil has accumulated without reform; hence punishment reaches the head, bearing a wooden cangue that covers and buries his ears, leading to ruin.
Because his hearing was not acute, accumulating evil brought this upon him; hence the Image says "hearing is not clear."
Regarding the commentary from "Dwelling at the culmination of punishment" to "no misfortune is greater than this": Correct Meaning: "His crime is beyond mere warning" means that his accumulation of evil is so deep that ordinary punishments cannot reform him; hence it says "his crime is beyond mere warning."
"When it reaches the head, it is no longer a warning; when it covers the ears, it is no longer a correction": if punishment has not reached the head, one can still take heed with fear and return to goodness.
Once punishment has "reached the head," life is near its end and it can no longer serve as a warning; hence it says "reaching the head is not a warning."
Once the cangue "covers the ears," execution is imminent and it cannot serve to reform him; hence it says "covering the ears is not a correction."