I believe that by using the Lasso tool you can select the data points from the graph, and since the selected points are reflected in the data table as selected rows, you can then do simple data table manipulations to get done what you want.
1. Select the Lasso tool
2. Lasso all of the data points you show in your chart as being in the Blue Oval.
3. Go to the data table's RowState Column(the column that has the row numbers in it). Right click on one of the rows that has been selected by your Lasso tool, and select "Hide and Exclude", or if you want, you can select "Delete Rows".
For the second issue of Binning:
1. Create a new Column in the data table, and make it a character data type
2. In row one of the new type in the value you want to use to indicate for the rows shown in the red oval on your chart.
3. Copy that value into the Paste buffer, and then erase the value from row 1. We did this operation just to get the value into the paste buffer.
4. Now go to the graph, and select the Lasso tool, and Lasso all of the data points from the red oval.
5. Go to the data table which now has all of the rows selected for the points in the red oval. Hover over one of the cells(rows) in the new column that has been selected.
6. Right click and select "Paste"
7. All of the selected cells for the new column will now have the value you placed into the paste buffer.
Jim