4:8a We are hard pressed on all sides, but not crushed;

All kinds of hardships/troubles come/press against us (excl.), but we are not overwhelmed/conquered;
-or-

⌊For example,⌋ although we undergo/experience difficulties/suffering in all kinds of ways, they do not crush/defeat us.

4:8b perplexed, but not in despair;

⌊and⌋ ⌊we are⌋ bewildered, but ⌊we⌋ are never overwhelmed by sorrow/woe.
-or-
Although we often do not know what to do ⌊about what is happening⌋, we never lose all hope.

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