BNB (BNB) price is exhibiting clear signs of weakness after being rejected from its value area high (VAH). This rejection has disrupted the recent bullish high-low projection and shifted short-term momentum toward a corrective phase. From a Market Auction Theory perspective, this failure to hold above the VAH suggests buyers are losing control at premium prices, allowing sellers to regain influence.
The market is now expected to rotate back toward fair value, defined by the Point of Control (POC), and then toward the value area low (VAL). With the structure weakening, the probable downside target is the $800–$840 region, where the POC, VAL, and the 0.618 Fibonacci retracement level converge. A breakdown below this VAL support zone would signal further bearish continuation.
Separately, Hyperliquid (HYPE) price remains locked in a persistent bearish market structure, characterized by consecutive lower lows and lower highs. The bearish momentum intensified after HYPE failed to hold above major high-time-frame resistance near $27.39, which aligned with its value area high. This rejection confirmed insufficient demand at premium pricing.
The next key level to watch is the $22 swing low. A confirmed break below this point is expected to accelerate the move toward the next major downside target: high-time-frame support at $19.75. The reaction at this $19.75 zone will be critical for determining whether HYPE forms a base or continues its bearish expansion. For any bullish reversal to develop, HYPE would need to reclaim major resistance levels and break its pattern of lower highs.
