People aren't generalizations. Different people react differently. I wouldn't "expect" anything but hope for the best. Some women's best years come after menopause because it gets rid of a lot of hassle. Others have a hard time with hormonal changes. It has nothing to do with depression.
It definitely can. Hormones during the menopausal years can be all over the place. Some women feel crazy for lack of a better word and others feel like they get mad at the drop of the hat and some feel blue and depressed. definitely all intertwined with those hormonal changes. Losing estrogen is a rough gig!! talk to your doctor if you are asking for yourself. It's very common and you are not alone! I think exercise, eating well and proper rest all help. good luck