This hat is a free pattern in the most recent Knitty online magazine. I thought it was so pretty that it jumped right onto my needles!
I folded it in quarters for this picture.
The pattern is called Planetarium (that’s the Ravelry link – here’s the Knitty link) and it’s knit in two colors of a fingering yarn. I used KnitPicks Chroma for mine, because I had it in the stash. The colourways are Black and GoGo Boots, which is a gradient yarn. it’s a very clear pattern and an easy knit IMO.
I made a couple of changes to the pattern. I knit it exactly as written the first time, but the mister doesn’t like slouchy hats so much. My gauge was also a bit tight. Rather than changing needles, I knit a larger size (actually one repeat larger than the largest size) and I left out one of the three star bands to make the hat shorter. It fits more like a watchcap, which makes him happy.
As much as I like the colours, I think the yarn is going to pill – it’s a single ply, loosely spun. If I make a second one for myself, I’ll use a yarn with more of a twist, maybe Koigu KPPPM. Hmm. Time to check the stash!

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