The invention discloses an injectable double-crosslinked hyaluronic acid aquagel and a preparation method thereof. The preparation method comprises the following steps: synthesizing formylated hyaluronic acid and amino/methylacryloyl bifunctional hyaluronic acid containing disulfide bond in the side chain, uniformly mixing the formylated hyaluronic acid and amino/methylacryloyl bifunctional hyaluronic acid containing disulfide bond in the side chain with a water-soluble photoinitiator, and carrying out photochemical polymerization to obtain the injectable double-crosslinked hyaluronic acid aquagel. The method has the advantages of accessible raw materials, mild reaction conditions, short reaction time, simple technique and the like. The prepared aquagel is formed by a Schiff base crosslinking mechanism and a photocrosslinking mechanism, and the two crosslinking networks are connected together. The crosslinking network chain of the aquagel contains the disulfide bond and Schiff base, and thus, the aquagel has dual sensitivities for reduction and pH. The hyaluronic acid aquagel has flexible and adjustable mechanical properties, microstructure, degradation property, swelling capacity and the like, is injectable, and has application prospects in the aspects of cell transfer, tissue engineering, three-dimensional cell culture and the like.