Passage
PE. Thy testimonies are wonderfull: therefore doeth my soule keepe them.
PE. Thy testimonies are wonderfull: therefore doeth my soule keepe them.
Psalms 119:127 Therefore loue I thy commandements aboue golde, yea, aboue most fine golde.
Psalms 119:128 Therefore I esteeme all thy precepts most iust, and hate all false wayes.
Psalms 119:129 PE. Thy testimonies are wonderfull: therefore doeth my soule keepe them.
Psalms 119:130 The entrance into thy wordes sheweth light, and giueth vnderstanding to the simple.
Psalms 119:131 I opened my mouth and panted, because I loued thy commandements.
The verse centers on "testimonies", "wonderfull", "therefore", "doeth", "soule", and "keepe". It is saying that the verse draws attention to "testimonies" and "wonderfull", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 128's "Therefore I esteeme all thy precepts most..." into verse 130's "The entrance into thy wordes sheweth light...", so "testimonies" and "wonderfull" 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 "testimonies" and "wonderfull" with trust shaped by these words, not by a vague optimism outside the passage.