Downstream of this pseudoknot lies the hypervariable region (HVR), which is supported by many covarying base pairs in alphacoronaviruses.
The most 5′ structure is the bulged stem-loop (BSL), starting downstream of the N gene stop codon and is essential for viral replication.
Downstream to the BSL lies the hypervariable bulged-stemloop region (HVR), containing a triple helix junction.
It is proposed that the BSL and pseudoknot act as a molecular switch that may regulate a transition during viral RNA synthesis.
Even though a nearby pseudoknot structure, which has been observed in other genera of coronaviruses, is present, its functional importance has not been established yet.