Is it possible that you're connected to the wrong library? Look in your Pictures folder to see if you have more than one Library. If you find another one, double click on it to load it into Photos.
If you don't find another library in the Pictures folder, you can try using the Finder search to locate the others you may have, like this:

If that doesn't work, get back to us with a bit more information. For instance, how are your Settings set?
In Photos>Settings>General,
Is "Use as System Photo Library" grayed out (indicating it is) or solid (indicating this isn't your system library)?
Is "Copy Item to the Photos Library" checked? (This is the default, indicating a "Managed Library")
In Photos>Preferences>iCloud
Is "iCloud Photos" checked?
If it is, is "Optimize Mac Storage" check?