So, what's your favorite way to handle caching when you're dealing with microservices?

hey everyone, i'm working on a new microservices architecture and thinking about caching. we'll have several services that read a lot of the same data, and i want to avoid hitting the database constantly. what are your favorite caching patterns or tools when working with microservices? are you using distributed caches like redis or memcached, or something else entirely? looking for real-world experiences and best practices here.