It's grim seeing seniors struggling to get jobs. As a junior, I'm eagerly awaiting my cue to start applying again. That is, once the deluge of threads about struggling seniors abates, which has been happening for quite a while and doesn't seem to be stopping anytime soon. I hope you guys make it, because if you can't, that means I definitely can't.
As the role one is applying for more gets more senior, the larger the circles on both sides become, and it sometimes ends up being too hard to get to that intersection in the short duration of an interview.
That being said, I would recommend to to start applying for jobs, since the interview experience itself would be helpful to understand where you might need to improve.