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How Can I Improve My Magento Store’s Loading Speed with Custom Caching Solutions?

I’ve been running a Magento store for a few years, and recently I’ve noticed a significant slowdown in loading times, especially during peak hours. I’ve tried several standard caching solutions like Varnish and Redis, but the improvement is minimal.

I’ve read about custom caching strategies that can be tailored to specific Magento setups. Does anyone have experience with implementing these?
magento
performance
caching
optimization
customization
What are some best practices or tools you would recommend?

For context, my store has a large product catalog and a high volume of concurrent users. I wrote an article on my website that covers some initial steps I took to address this issue, which you can find here.

Improve My Magento Store’s Loading Speed

How Can I Improve My Magento Store’s Loading Speed