Quite likely yes. I can't share the graph, but memory pressure didn't alleviate at all as I'd hope it would. We'll be experimenting with different VM types next.
https://underthehood.meltwater.com/blog/2022/11/25/how-we-up...
After those changes were made then we haven't had any major issues with heap spikes. But it depends on a lot of factors, how your data looks, how your queries look and what aggregations that are made so its very hard to give some always applicable advice.