Yes, usually when people start getting overly ambitious and talk about seeding or at-large (although not applicable this time), we have one of these humbling losses.
I posted before that it had been 70+ years since the MAC last had an unbeaten team in conference play. Back then there were much fewer conference games than there are today. I like this team, but I don't think they're remotely as good as that Wally Miami team, that Elite 8 PCCC team, or that Buffalo team of a few years back. If those teams couldn't run the table in MAC, why would anyone think this Zips team could?
What's important is that we don't let this snowball. Accept we had a bad night or our opponent played one of there better ones. I didn't watch the game so I can't speak to it. Identify areas of improvement and work to become better.