The Spurs boss is wary of Liverpool's daunting attacking threat, with Luis Suarez and Daniel Sturridge combining for 51 goals this season, but the Reds have conceded 16 more goals than Premier League leaders Chelsea.
Sherwood knows his side face a tough task to end Liverpool's seven-match winning streak, but he believes positive tactics could cause an upset.
"We're aware of their attack but they do concede goals, that is one positive we can look at," Sherwood said.
"I am not sure how many clean sheets they've kept, but they can leak goals because they throw everything forwards.
"They can be caught on the counter-attack and we will be very respectful of the threats they have coming forwards, but we need to try and impose ourselves on them at some stage of the game."
But Sherwood also warned of the dangers of trying to attack at will and leaving his defence exposed to the most prolific strike pairing in the league.
"Without a doubt we can't do that," he said. "At the moment we don't play with an identity that I want.
"There has been no time to work on that, so it's just about going out and getting as many points as we can during this period since Christmas and this is about the same.
"We'll have try to nullify their potent strike force and see what we can do on the counter.
"Everton went there and tried to play against them and they capitulated and got heavily beaten."
The Reds cruised to a comfortable 5-0 win at White Hart Lane in December - a match which led to Andre Villas-Boas' sacking and the appointment of Sherwood.
"We want to try and put that in the past," the Spurs boss added. "That is gone now and we need to move on.
"They've always got a point to prove because they play for Tottenham and you can't have a rest day."
Watch Liverpool face Tottenham live on Ford Super Sunday, coverage begins with Fulham taking on Everton at 12.30pm.