Yes

"Charmy, huh? That's a fine name!" the Professor declares. With a final nod of approval, he turns to face Blue in order to collect her Dratini so that it may heal along with your Eevee. Since the two of you are, for the moment, stuck in Pallet Town you aren't overly worried about her running out before fulfilling her forfeit in your wager. Still, it would definitely be in your interest to make sure you get up early tomorrow just in case.

You were a little disappointed by how things turned out, but you figure that things could have also gone a whole lot worse. You definitely learned a lot from your first battle, and hopefully you and Charmy will come out of this much stronger. At the very least, you're much better prepared for how to conduct a proper Pokemon Battle.

For now though, your adventure will be put on hold until tomorrow morning. It's not quite noon yet, so there's still quite a bit of daylight to burn, even if you decided to turn in early.