Embodiments of the present disclosure disclose a mobility management method, user equipment, a storage node, and a base station. The mobility management method may include: determining, by user equipment (UE) in a connected state, a source identifier of the UE, where the source identifier is used to identify the UE; allowing the UE to enter a low consumption state after a low consumption activation condition is met, where in the low consumption state, the UE stores a connection context of the UE in the connected state and performs cell camping based on a cell reselection criterion in a moving process; and reporting, by the UE when a first preset condition is met, the source identifier to a second base station to which a second cell belongs, where the second cell is a serving cell on which the UE currently camps.