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What is the best way to cache API responses in a high traffic application?

I am building a public API that receives thousands of requests every hour. Some endpoints query large tables and generate aggregated reports. I already use Redis for sessions, but I am unsure how to design cache invalidation and cache expiration strategies. I also want to prevent stale data from confusing users while still improving performance. What caching patterns work well for production systems?

 

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I found this tutorial helpful:

https://youtube.com/watch?v=test123

Can someone explain if this is the correct approach for Laravel queues?

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