Tbh it was always not that great with "too much experience". I feel that the best response rate is on that sweet spot of around ~5 years, probably because you already know enough but are still relatively cheap for the employer.
I imagine that with that much exp and FAANGs on resume you are still negotiating FAANG salary, which are kind of the outliers of the industry.
Idk, the dev market in my country (Poland) stills seems to be in a good shape, but we're earning pennies comparatively (50k USD would be a top 1% senior position) so not sure if that's actually better. I might get a stable salary and lots of companies to choose from if there's anything I don't like, but you can beat my earnings with a 3-month side gig, so... :D