Passage
They compassed me about; yea, they compassed me about: In the name of Jehovah I will cut them off.
They compassed me about; yea, they compassed me about: In the name of Jehovah I will cut them off.
Psalms 118:9 It is better to take refuge in Jehovah Than to put confidence in princes.
Psalms 118:10 All nations compassed me about: In the name of Jehovah I will cut them off.
Psalms 118:11 They compassed me about; yea, they compassed me about: In the name of Jehovah I will cut them off.
Psalms 118:12 They compassed me about like bees; They are quenched as the fire of thorns: In the name of Jehovah I will cut them off.
Psalms 118:13 Thou didst thrust sore at me that I might fall; But Jehovah helped me.
The verse centers on "compassed", "name", and "jehovah". It is saying that the verse draws attention to "compassed" and "name", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 10's "All nations compassed me about In the..." into verse 12's "They compassed me about like bees They...", so "compassed" and "name" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "compassed" and "name" with trust shaped by these words, not by a vague optimism outside the passage.