Sean Dyche vowed to lift the “fog” hanging over his squad following a fourth straight Premier League defeat.
Despite a towering performance from goalkeeper Joe Hart, the below-par Clarets went down at Wolves thanks to Raul Jiminez’s second half strike.
And the gaffer insisted a mentality change is needed to kick-start a revival of fortunes.
Dyche said: “The better side won, first and foremost. But from our point of view the intention to play hard was there, and it was a poor goal.
“We knew it would be a tough game against a team with a real connection and we did well in terms of our defensive play in terms of getting the blocks and clearances in, but we didn’t have enough on the offensive side of the game today.
“That’s as a collective. There were too many misplaced passes and we gave the ball away cheaply far too many times and it’s like a fog has dropped onto the group.
“Sometimes the flow and clear-mindedness becomes unclear and I think we have that at the minute.
“I think it’s a mentality thing. Some of it can be worked at on the training ground of course, but I call it bottoming out; a collective moment when a group of players bottom out.
“The quicker that comes the better, because sometimes that opens the mind again and it all clicks back in again. You also have to work at that though.”
Dyche, whose side have already played 11 competitive domestic and European games this season, added: “It’s hard to resist the outside noise when you are a player.
“When we got into the Europa League there was this immediate noise about it being tough. You are bombarded with it and it’s hard to deal with that as a group - and then it becomes an easy story when you don’t start the season well.
“People ramp it up and say ‘there you are, I told you’. Well, we have to find a way through that and I remind them they are roughly the same group of players who finished seventh last season.
“Players will get back to their form and confidence, but you have to earn that right.
“We have trained with purpose, willingness and desire in the past two weeks, and I didn’t see that (today) coming.
“But we have been down this road before and we’ve managed, along with the players, to pull the players out of the fog.
“It’s important now to remember that they are good players and that we are the only ones who can lift the fog.”