How does the time system work in The Blood of Dawnwalker?

The mechanics by which time passes in The Blood of Dawnwalker can be a little confusing early on, especially as an integral mechanic that's going to come up a lot, especially with regards to the day/night cycle. If you're struggling to understand it, I'll explain how time works in Dawnwalker, what the various symbols mean, and when the clock moves forward.For a wider perspective, check out our answer to the question: how long is The Blood of Dawnwalker, and how many hours will it take you to get