Ricky Hatton said he was not going to make any hasty decisions after he was beaten by a body shot.
He said: "I hurt him a few times, and I was winning.
"It was a good shot, I should have realised he was looking for that.
"I suppose that is what three-and-a-half years out of the ring does. I think I did alright - this guy only lost his unbeaten record in his last fight.
"I don't want to make any hasty decisions but I am really heartbroken. I am just gutted. I am not a failure, that is not how my career should end but I have to have a good think about it now."
Ricky Hatton cut a dejected figure in the ring after recovering from the crunching body shot which gave Vyacheslav Senchenko victory and stunned a previously raucous, 16,000-strong MEN Arena crowd into silence.
Hatton's trainer Bob Shannon admitted his boxer seemed to be distracted by the explosive atmosphere that the Manchester Arena provided.
"He wouldn't give me any eye contact when we were in the ring and the noise was that bad when I was trying to get him to work his jab," he said.
He added: "We're really, really disappointed. We knew the opponent was an excellent opponent. He was getting caught coming in. He lost his concentration probably after the fourth round and was getting caught."
Ricky Hatton has failed in his attempt to revive his boxing career as he was stopped by a body shot in round nine.
The Hitman made a solid start to the bout, but was left distraught after he was beaten by Vyacheslav Senchenko with a heavy punch to the body
Ricky said: "I thought I was four rounds up, but there are obviously signs of ring rust. I hurt him a couple of times."
Ricky Hatton says he is "happy with my body, happy with my mind" ahead of his comeback fight tonight against Ukrainian Vyacheslav Senchenko at Manchester Arena.
To see a video of Hatton previewing the fight, visit ITV Granada.