Hmmm....
Not sure what you were trying to explain here... But I'll give it a shot!
When you click the button, the duck dunks his head in the water, looking for food, and comes back up after the button is let go. I think that represents you delving into a project but "coming up for air" to take a break and keep yourself sane.
When the button is held for too long, and the duck does nt come up after letting go of the mouse button, the duck seems to drown. Looks like you got too emersed in a project and it caused a downfall in your life somewhere. When you click the button again, the duck wakes up and can breath again. Did you have a friend poke you out of your stupor?
Anyway, that's what I got out of this. Nice job!