Permeability improvement of coal seams by hydraulic fracturing can promote desorption of coalbed methane. However, the water-block effect will restrain desorption of coalbed methane. Based on the essence of the physical adsorption of methane, competitive adsorption, substitution desorption, the capillary effect, and the Jamin effect are analyzed to study the effect of the critical moisture content and liquid water on methane adsorption and desorption. Simultaneously, the effects of the fluid pressure, fracturing fluid, fracturing time, pore pressure, and other variables on methane adsorption and desorption characteristics are analyzed. Then, problems that require further study are described.