Controlling the structure of metal-organic frameworks (MOFs) is a crucial strategy to enhance electrochemical performance. In this work, nanosheet-assembled hollow Ni-MOF spheres are synthesized by controlling the transition states through a facile trace water-assisted solvothermal method. During the research, it is found that water in the system, whether from the precursor Ni(NO3)2·6H2O or from an additional source, is a key influencing factor that can regulate the reaction process to control structural changes. Theoretical calculations prove that the water present in the reaction system can affect the distribution of terephthalic acid (TPA) and Ni2+, indicating that trace water can provide an accelerating effect. The nanosheet-assembled sphere shells can expose more active surface area, and the hollow structure can prevent the restacking of nanosheets and shorten the charge transport path. Based on these structural advantages, the prepared Ni-TPA MOF electrode achieves a high specific capacitance of 1010 F g−1 at 1 A g−1 and a 61 % rate capability at 20 A g−1. This work offers a feasible and highly effective strategy to design nanosheet-assembled hollow MOF spheres for high-performance supercapacitors and helps to understand the key factors influencing the formation of hollow MOF spheres.