Cast on 48 stitches, place marker and join to knit in the round, taking care not to twist stitches.
Rounds 1, 2 & 4: *p2, k2; repeat from *
Round 3: *p2, k2tog but do not drop stitches off left hand needle, knit the first stitch again, then drop both; repeat from *
Repeat Rows 1-4 until the piece measures 7.5 inches in length.
Round 1: *p2, k2tog; repeat from *
Round 2: *p2tog, k1; repeat from *
Round 3: *k2tog; repeat from *
Cut working yarn, leaving a 6‐inch tail. Draw the tail through the remaining stitches, cinch closed and secure. Weave in ends.