Unfortunately, you have not told us what device the AirPort Extreme might be connected to, but the normal cause of any 169.x.x.x IP address is a loss of Internet connection either because the modem is not operating correctly, or the Ethernet cable connecting the devices is defective.
A defective WAN "O" port on the AirPort Extreme is not likely, but is a possibility.
Please provide more details, things like.......
The make and model number of your modem
Whether the AirPort Extreme connects to this device using an Ethernet connection
Whether the 169.x.x.x IP address appears if you connect your Mac directly to the modem, bypassing the AirPort Extreme.
In other words, please assume that we know nothing about your network, so we will only know as much as you tell us.