Upgrade with encrypted disk

Instructions for upgrade from 32->33 read below, will this work with an encrypted disk or do I need to backup/restore?
sudo dnf upgrade --refresh Second, install the special DNF plugin for system upgrade (if you haven't already). sudo dnf install dnf-plugin-system-upgrade
Now, begin downloading update for Fedora 33 and upgrade progress by using the command:
$ sudo dnf system-upgrade download --releasever=33

The normal process will work. You will need to enter the passphrase to unlock the disk twice, once when the upgrade starts and once when it completes.