There are 2 ways to archive/unarchive an opportunity:
Activity > Leading
You will click on the Activity button from the top menu.
From there, you need to be in the Leading section.
You will find the opportunity you want to archive then go to the three dots under Actions to archive the opportunity.
You can use the same three dots to unarchive the opportunity.
Organisation Page > Opportunities
You will need to be the admin of the organisation that leads the opportunity.
You will go the organisation page and view it as the admin and then you’ll go to Opportunities tab.
From there, you find the opportunity you want to archive and then go to the three dots under Actions to archive the opportunity.
You can use the same three dots to unarchive the opportunity.
User/visitor view for archived opportunities: