Passage
My soul <FI>is<Fi> in my hand continually, And Thy law I have not forgotten.
My soul <FI>is<Fi> in my hand continually, And Thy law I have not forgotten.
Psalms 119:107 I have been afflicted very much, O Jehovah, quicken me, according to Thy word.
Psalms 119:108 Free-will-offerings of my mouth, Accept, I pray Thee, O Jehovah, And Thy judgments teach Thou me.
Psalms 119:109 My soul <FI>is<Fi> in my hand continually, And Thy law I have not forgotten.
Psalms 119:110 The wicked have laid a snare for me, And from thy precepts I wandered not.
Psalms 119:111 I have inherited Thy testimonies to the age, For the joy of my heart <FI>are<Fi> they.
The verse centers on "soul", "hand", "continually", and "forgotten". It is saying that the verse draws attention to "soul" and "hand", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 108's "Free-will-offerings of my mouth Accept I pray..." into verse 110's "The wicked have laid a snare for...", so "soul" and "hand" 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 "soul" and "hand" with trust shaped by these words, not by a vague optimism outside the passage.