Pink Swirl Preemie Hat

This pattern is knit in red and white and called Candy Cane in Handknit Holidays: Knitting Year-Round for Christmas, Hanukkah, and Winter Solstice by Melanie Falick.

I adapted the pattern as follows to make a preemie hat:
Using size 2 needles and DK yarn cast on 48 stitches.
Knit 6 rounds in stockinette stitch

**NOTE: There is an error in the pattern. Round 1 of the crown shaping should be as follows:
Rnd 1: K1, *skp, k4; repeat from * to last 5 sts, skp, k3.
All of the following rounds are correct.