I have about 10 yrs experience, and just conducted my first job hunt in 5 years (I was with one company for a long time, then took a sabbatical for half a year after our dev team was off-shored). I was pretty concerned that it could take 6 months or more to find a gig. But I found myself interviewing with 6 or 7 companies within two weeks, and had 2 offers by the end of week 3 (I'm starting the new gig tomorrow). I consider myself a pretty average full-stack rails/react dev. I don't even bother applying to FANG (or whatever the acronym is now) jobs. So... I don't know if I just got lucky, but the job market felt pretty good when looking for senior roles. My interviews were a mix of referrals from previous coworkers, a couple recruiters reaching out, and (the job I accepted) from reaching out on LinkedIn to hiring managers posting jobs.
It feels like the AI wave is killing junior jobs, but driving demand for experienced developers to harness it, even if just harnessing it as a tool to speed up coding.