Especially for women, the answer is a resounding YES. In my psychotherapy practice, I get a number of women clients who casually say "i think its just my hormones" without knowing exactly what that means, or how to address a potential hormonal imbalance. Hormonal imbalance has become a catch all phrase for explaining seemingly inexplicable physical and mental symptoms that women often experience. The truth is, it really could be that your hormones are out of balance.