This will be a fairly easy accident or the NTSB to figure out accurately since you have surviving flight crew, flight data recorder and the CVR. The physical cause of the accident may be harder than the why though.
If it is straight failure of both engines then it will be pretty easy but if it is pilot error it gets more complicated.
Here is one possible scenario:
Lets say the pilots were high on glideslope. In order to correct this, they pull the power back and increase their rate of decent. The pilot flying realizes that he is still high and pulls the power back even more and increases the decent rate. He is pulling the power back as he increases the decent because he wants to maintain the proper airspeed. Perhaps he has pulled the throttles back all the way to idle and is descending rapidly to maintain his airspeed.
If a pilot has the engines all the way back at idle it takes a while for them to spool back up and start providing any notable thrust. The pilot would rapidly be approaching the proper glideslope and should start pushing the throttles back up so as he pulls the nose up to get back on glideslope there will be enough thrust available to then maintain that glideslope.
Now, if the pilot was late adding power or the decent rate was far to high to easily overcome the aircraft would quickly go below the glideslope. A natural reaction now is to push the power up and pull back on the yoke. Pulling back on the yoke, (steering wheel if you will) will bring the nose up which will increase the drag on the aircraft and rapidly bleed off airspeed IF the engines are not producing enough thrust to compensate for the increased drag. This will cause an extremely high angle of attack, (AoA or basically a nose high/tail low position.) At a certain angle of attack the drag on an airplane increases exponentially until it stalls but even before a stall it will take extremely high throttle settings to compensate for the rapidly increasing drag on the airplane. Even if the pilot was able to achieve level flight the tail is now hanging lower than the landing gear and bang, hits the seawall.
That is just one of many possible scenarios but I it was crew error, then there will be many links in the chain of events that caused this accident and the question will be why each of those links in the accident chain, or contributing factors, happened. Were both pilots unaware of what was happening? If the non-flying pilot saw it developing why was nothing said? If something was said, was it ignored? Did Air Traffic Control hold the airplane up above glideslope too long and put them in the situation to begin with? Were the pilots distracted? Did the water create a visual illusion here? Were the pilots using the GPS to monitor their glidesope if the visual indicators were out of service? If not, why not? Did they ignore the EGPWS warnings? Was the EGPWS not working? If they ignored the warnings, why?
There was an Air Force C-5 that got into the exact scenario I described above but luckily they had enough altitude to recover the aircraft. They were shaken and had no idea what had happened until the near accident was recreated from the flight data recorder.
Even very experienced crews can get themselves in trouble and if this was human error, the recommendations from the NTSB will focus on preventing it from happening again.