The invention belongs to the technical field of a preparation method of 
spinning raw materials of high-performance 
pitch-based 
carbon fibers, and particularly relates to a preparation method of soluble 
mesophase pitch, which mainly solves the problems of the existing 
mesophase pitch preparation method that the process is complicated, requirements on the equipment are high, the cost is high, the industrialization process is difficult and the like. The invention adopts the technical scheme that the preparation method of the soluble 
mesophase pitch comprises the following steps of (1) thermally treating 
raw material pitch or 
ethylene bottom oil with a low 
softening point in an 
inert atmosphere, then distilling the material in a 
short distance or flashing the material, removing light ends, and collecting heavy fraction, i.e. heavy end pitch; (2) preparing the heavy enbd pitch into mesophase pitch; and (3) cooling the mesophase pitch to 320DEG C to 400DEG C, removing internal light ends, and collecting the heavy fraction, i.e. the mesophase pitch. The preparation method has the advantages of simplicity in process, moderate in reaction condition, low 
equipment requirement, low cost and adaptability to industrialized production.