Uprading from Ryzen 5 to Ryzen 7, advice?

I currently have a Ryzen 5 2600 CPU and I just ordered a AMD Ryzen 7 5700X3D CPU because my CPU is ridiculous. I have learned much from these past 4 years and I think its time for a upgrade. I do plan to max out my DDR4 build and hopefully last till DDR6 is everywhere

My question is, What CPU cooler should I pair with this? I currently have a beQuiet Dark Rock 4. Should I upgrade to liquid cooled or stay with air cooling? I'm nervous about liquid coolers. Also, would I need to upgrade my PSU?

Motherboard: Gigabyte B450 AORUS PRO WIFI AM4 ATX

Current BIOS update: F66d

Case: Phanteks PH-EC416PSTG

PSU: EVGA 650 B5

I did check the Supported CPU list before ordering and I hope I'm right. Thank you to all replies in advance.

Edit: I typed the wrong CPU