What you see is something that I have seen since I got the Kindle 2 when it first came out. The screen maintains some extent of a ghost image.
When you hold the button for 4 seconds, and the screen goes blank, the kindle is off even if there are ghost images on the screen.
The only time that I have seen the progress bar has been when the Kindle has rebooted due to software update or the kindle resetting by either the Kindle crashing (happened once due to a crappy file i uploaded to it) or by holding the sleep/wake button for 15 seconds.
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